Securitize Brings Apple, Nvidia, Tesla and Other US Stocks…
By Abdelaziz Fathi
AI summary of the source article
Securitize has launched tokenized versions of 12 major U.S. stocks, including Apple, Nvidia, and Tesla, on the Solana blockchain. Issued as Convertible Entitlement Tokens (CET) backed one-for-one by underlying shares, the instruments represent UCC Article 8 security entitlements that preserve dividends and voting rights without lending out the shares. Traded during extended hours via registered broker-dealer Securitize Markets, transactions settle in USDC with Jump Trading providing PropAMM liquidity. The structure offers an eventual bridge to direct shareholder registration if issuers adopt tokenization, and Securitize plans to transition toward 24/7 trading on upcoming venues.
Why it matters
The initiative introduces a regulated security entitlement model for tokenized equities, preserving shareholder benefits and offering a legal bridge to direct issuer registration rather than relying on synthetic trackers.
Key facts
- Securitize launched 12 tokenized U.S. stocks on Solana backed one-for-one by underlying shares under UCC Article 8.
- Transactions settle in USDC via broker-dealer Securitize Markets, with Jump Trading providing liquidity through Securitize's PropAMM.
- Trading initially covers extended U.S. market hours, with plans to transition toward 24/7 availability.