Securitize jumps 10% on Solana tokenized equities launch — SkimNews
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- Securitize (SECZ) stock jumped more than 10% intraday on the Solana tokenized equities launch, the second sharp rally this week after an ~8% Tuesday climb on a partnership with South Korea's LG CNS to explore tokenized funds, equities, and stablecoins.
- The tokenized US equities represent security entitlements under Article 8 of the Uniform Commercial Code, preserving shareholder benefits including dividends and voting rights, and will settle in USDC on Solana.
- Securitize plans to make the assets available on tokenized securities platforms being developed by the New York Stock Exchange and OKXICE, though neither has set a launch date; trading will begin in extended hours with an unspecified timeline for 24/7 availability.
- Ripple Prime plans to support the launch and explore incorporating the assets into its institutional trading services, while decentralized lending platform Aave was identified as a potential venue for using the tokenized stocks as collateral.
- Securitize shares have gained roughly 54% over the past month according to Yahoo Finance, coinciding with broader RWA growth — RWA.xyz data shows distributed asset value excluding stablecoins climbed to $38.88 billion from $25.36 billion a year earlier.
Why it matters: Securitize is wiring real shareholder mechanics — dividends and voting via Article 8 security entitlements — directly into on-chain rails settling in USDC, with Ripple Prime, Aave, NYSE, and OKXICE lined up as institutional and DeFi venues. The launch lands as the broader tokenized RWA market has grown from $25.36B to $38.88B year-over-year and SECZ itself has rallied roughly 54% over the past month, putting traditional equities on the same rails as crypto collateral markets.
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