Grafa
Securitize debuts with tokenised shares
Image for illustrative purposes only. Not a real photo.

Securitize debuts with tokenised shares

Share
  • Securitize listed on the New York Stock Exchange and simultaneously launched tokenised versions of its shares on Solana and Avalanche.
  • The company said the launch demonstrates that issuer-sponsored tokenised securities can operate under existing US securities laws.
  • Securitize said the move supports broader adoption of tokenised equities through regulated market infrastructure.

Securitize began trading on the New York Stock Exchange after completing its merger with a Cantor Fitzgerald-backed special-purpose acquisition company and simultaneously launched tokenised versions of its shares on Solana (CRYPTO:SOL) and Avalanche (CRYPTO:AVAX).

The company said eligible United States investors will be able to access the tokenised shares through its platform, marking what it described as the first time a newly listed public company has offered tokenised versions of its stock on its market debut.

“We have long said that public equities are moving on-chain, and there is no stronger validation of that belief than tokenising our own public stock on Day 1,” said Securitize co-founder and chief executive Carlos Domingo.

Securitize said the tokenised shares represent the same common stock listed on the NYSE rather than synthetic tokens, with access subject to customer identification, eligibility and anti-money laundering requirements under existing US securities laws.

Securitize shares closed up 4.4% at US$12.30 after reaching an intraday high of US$13.70, while the stock rose a further 2.4% in after-hours trading to US$12.60.

The company raised US$400 million through its public listing at a valuation exceeding US$1 billion, while Token Terminal estimates the tokenised real-world asset market exceeds US$43 billion, including about US$1.6 billion in tokenised equities.

The launch follows increasing institutional interest in tokenisation, with the U.S. Securities and Exchange Commission confirming issuer-sponsored tokenised securities remain subject to existing securities laws and Citigroup forecasting the tokenisation market could reach US$5.5 trillion to US$8.2 trillion by 2030.

At the time of reporting, Solana price was $80.77.

Frequently asked questions

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.