Securitize Launches Tokenized Apple, Nvidia and Tesla…
By Karthik Subramanian
AI summary of the source article
Securitize has introduced Securitize Stocks on the Solana blockchain, offering tokenized versions of 12 U.S. equities, including Apple, Nvidia, and Tesla, to eligible investors. Each token is backed one-to-one by underlying shares held in regulated custody, maintaining dividend and voting rights under Uniform Commercial Code Article 8. Trading initially runs during extended U.S. hours through Securitize’s registered broker-dealer, settling in USDC. Jump Trading provides automated market-making liquidity, while RQD handles clearing, custody, and settlement. Securitize also plans to expand trading to future digital venues proposed by the New York Stock Exchange and OKXICE subject to regulatory approvals.
Why it matters
The product connects public blockchain rails with regulated market infrastructure, offering one-to-one share-backed equity tokens that preserve voting and dividend rights rather than synthetic price tracking.
Key facts
- Securitize Stocks launched on Solana with 12 U.S. equities backed one-to-one by underlying shares held in regulated custody.
- Transactions settle in USDC through Securitize's registered broker-dealer platform, with Jump Trading providing liquidity and RQD managing clearing and settlement.
- Securitize plans to expand trading to proposed digital venues from the New York Stock Exchange and OKXICE pending regulatory approvals.