Securitize has launched a platform for trading tokenized US stocks onchain, offering eligible investors 1:1-backed security entitlements to shares in companies including Apple, Nvidia, Microsoft, Tesla and Amazon. The products will initially trade on Solana through Securitize’s registered broker-dealer, with transactions settling in USDC.
The company said Securitize Stocks differ from products that simply provide economic exposure to stock prices because each token is backed by an underlying share and represents a security entitlement under UCC Article 8. Investors retain applicable economic and ownership-related rights, including dividends and voting rights where the underlying shares provide them. The entitlements can also be converted into direct shares where issuer-sponsored tokenization is available.
cryptobriefing.com