Securitize Launches 1:1 Tokenized Stocks on Solana, Starting With Apple, Nvidia, and More
Securitize brings real stock ownership on-chain with new tokenized shares
Securitize has launched tokenized U.S. stocks on its platform, initially covering Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, and Amazon. The firm also expects to add SpaceX, Palantir, Circle, and Strategy soon after the initial release. These tokens are backed one-to-one by real shares held through Securitize's regulated brokerage.
Each token, called a Convertible Entitlement Token or CET, carries the same rights as owning the underlying stock. Holders receive dividends and participate in corporate actions just as traditional shareholders do. The tokens trade on Solana, a fast blockchain, and settle in USDC, a stablecoin (a digital currency pegged to the U.S. dollar).
Key details from the launch
- The first batch of tokens includes shares in Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, and Amazon.
- SpaceX, Palantir, Circle, and Strategy are expected to join the offering shortly.
- Each token is backed one-to-one by real shares held through Securitize Markets' regulated brokerage.
- Settlement happens in USDC on the Solana blockchain.
- Trading initially supports extended U.S. market hours, with plans to move toward 24/7 access.
- Tokenized stocks as a category have surpassed $3 billion in on-chain value, with Securitize accounting for much of the recent growth.
Securitize's statement on the CET model
Securitize CEO Carlos Domingo described the goal in a company statement. "Tokenized stocks should give investors more than a price that happens to track a stock. Our goal is to bring the actual ownership experience onchain — with the underlying shares, shareholder rights, regulated market infrastructure and the ability to move toward an issuer-sponsored model as companies embrace tokenization themselves," he said.
The firm also explained how the CET structure could evolve. If a company later adopts an issuer-sponsored tokenized share structure through Securitize, existing CET positions could transition into that new model. An issuer-sponsored model means the company itself issues and manages its own token on the blockchain, rather than having a third party create tokens that represent its stock.
What is confirmed
- Securitize has officially launched tokenized stocks on its platform.
- The initial tokens cover Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, and Amazon.
- Each token is backed one-to-one by real shares held through Securitize Markets' regulated brokerage.
- Holders receive dividends and corporate-action entitlements.
- The offering launches on Solana with settlement in USDC.
- Trading supports extended U.S. market hours, with a stated plan to expand toward 24/7.
- Tokenized stocks surpassed $3 billion in on-chain value, with Securitize contributing much of recent growth.
- Earlier in the year, Securitize engaged Jump and Jupiter to provide liquidity and access for this effort.
- Securitize previously became the first company to list shares both on-chain and on the NYSE, launching its own SECZ shares on Solana and Avalanche.
What is still unclear
- SpaceX, Palantir, Circle, and Strategy are described as expected additions, but no exact launch date for these tokens was provided.
- The timeline for expanding from extended U.S. hours to 24/7 trading was not specified.
- No specific information was given about how many major investment banks are currently in talks about bringing other IPOs on-chain, despite Securitize President Brett Redfearn saying such discussions are underway.
Why this matters for stock investors
Traditional stock ownership is limited by fixed market hours and a traditional brokerage system. Tokenized stocks on a blockchain can potentially extend trading beyond those hours and add fractional access. The one-to-one backing with real shares means holders do not need to trust a separate price-tracking system; they hold an actual claim on the underlying company stock.
Securitize President Brett Redfearn told The Block that the firm is in conversations with major investment banks about bringing other initial public offerings on-chain. If those talks advance, new companies could list on both traditional exchanges and blockchain platforms at the same time.