Securitize announced this Thursday (8) the launch of 12 tokenized US stocks on the Solana blockchain, including shares of Apple, Microsoft, Nvidia, Tesla, Amazon, Meta, and Alphabet. The product, called Securitize Stocks, allows eligible investors to trade tokens backed by real stocks, with economic rights associated with the original assets.
The main difference is in the legal structure. Instead of merely tracking the companies' stock prices, each token has declared backing of one share and represents a right over the underlying asset, in accordance with Article 8 of the United States Uniform Commercial Code (UCC). The model includes benefits such as dividends and voting rights, when applicable.
The initial offering also includes Netflix, Circle, Strategy, Palantir, and the company identified by ticker SPCX. The assets will initially be traded through Securitize's regulated brokerage platform, with access conditioned on location and investor eligibility.
Tokens preserve economic rights, but continuous trading is not yet available
Despite the digital representation of the stocks, token holders are not automatically registered shareholders of the issuing companies. Securitize uses a structure called Convertible Entitlement Token (CET), which provides for the possibility of converting the rights into directly registered shares, when that modality is available.
The company also said that the shares used as backing will not be lent out. Trading will initially take place in extended hours, with settlement in USDC on the Solana network and liquidity support from Jump Trading.
Operation 24 hours a day, seven days a week remains a future step. Securitize intends to integrate the assets into a continuous trading platform developed by the New York Stock Exchange (NYSE), but this expansion depends on the launch of the infrastructure and compliance with regulatory and operational requirements.
Another planned integration involves OKXICE, an initiative linked to the OKX exchange and Intercontinental Exchange, the parent company of NYSE. The platform intends to offer continuous trading of tokenized securities, but its availability also depends on specific implementation conditions.
Securitize Stocks will be offered to eligible investors in the United States, the European Union, and other authorized jurisdictions, subject to identification and anti-money laundering procedures and compliance with local rules.
With the launch, the company puts into operation a structure that combines traditional stocks and blockchain trading, although unrestricted access and the uninterrupted market are not yet part of the initial offering.
