Securitize began trading its shares on the New York Stock Exchange on Thursday while simultaneously launching tokenized versions of the same stock on Solana and Avalanche. The move marks the first time a newly public company has tokenized its own shares on its debut trading day.
Securitize, backed by BlackRock and ARK Invest, completed its public listing through a SPAC merger with Cantor Equity Partners II. Its common stock trades under the ticker SECZ on the NYSE. Tokenized versions of the shares, representing the same class of stock, became available to eligible U.S. investors via the company's regulated platform.
Investors held approximately $295 million in the tokenized shares at launch, according to data from RWA.xyz. The stock rose 10 percent in its first day of trading. CEO Carlos Domingo said the company wanted to lead by example in bringing real shares onchain.
The launch highlights growing interest in tokenization among traditional finance firms. Securitize provides infrastructure for other companies including Apollo and KKR. Earlier this year it partnered with NYSE parent Intercontinental Exchange to develop tokenized equity services.
