After Securitize’s expansion, tokenized stocks should be viewed more as “rights” than assets. With more assets added, product differences require even closer scrutiny. ① Securitize announced the addition of thirteen new stock products on Solana, expanding its catalog to twenty-five total. New additions include Arista Networks, ExxonMobil, Salesforce, and Disney. ② According to the issuer, these tokens are fully backed on a one-to-one basis by physically held underlying stocks and pass through economic benefits such as dividends. Specific enforceable rights must be confirmed by reviewing the product documentation and offering terms. ③ For users, the same stock name may correspond to different legal structures, transfer restrictions, and redemption pathways. When selecting a product, it’s essential to compare how assets are segregated, who the custodian is, and how disputes are resolved. ④ I will also monitor whether these new offerings generate real demand. Only if trading volume, liquidity depth, and redemption experience improve alongside the growing number of listings can we determine whether these products are truly more usable. My perspective: The growing variety of tokenized stocks provides valuable material for financial applications on Solana—but brand recognition and sheer quantity alone are insufficient for judgment. I hope to see clearer disclosures of rights, enabling users to distinguish between income exposure and actual securities entitlements. Regional eligibility, tax implications, and underlying stock volatility must also be factored into individual decision-making. NFA / DYOR @Solana_zh @solana @Securitize