Securitize Rolls Out 1:1-Backed Tokens of Apple, Nvidia and 10 Other U.S. Stocks on Solana

AI summary of the source article

Securitize has debuted Securitize Stocks, bringing tokenized U.S. equities to the Solana blockchain for eligible investors across the U.S., EU, and other jurisdictions. The first batch features 12 stocks backed one-for-one by actual shares, including Apple, Microsoft, and Nvidia. Trades settle in USDC through Securitize's registered broker-dealer, supported by Jump Trading as a market maker. Legally structured as security entitlements under Article 8 of the Uniform Commercial Code, the tokens convey dividend and voting rights. The launch follows a five-year SEC innovation exemption for onchain trading of fully backed stock tokens.

Why it matters

The product provides a regulatory-compliant legal structure under the Uniform Commercial Code for tokenized equities, expanding blockchain-based trading into traditional equity ownership rights.

Key facts

• Tokens are 1:1 backed by real shares and structured as security entitlements under UCC Article 8.
• Trading launches on Solana, settles in USDC, and features Jump Trading making markets through a PropAMM.
• The rollout follows a five-year SEC innovation exemption granted for onchain trading of fully backed stock tokens.