Securitize Soars 24% as SEC Greenlights Tokenized Stock Trading — SkimNews
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- Securitize shares jumped as much as 24% Thursday (last up 14%) after the Securities and Exchange Commission greenlit limited trading of tokenized publicly traded U.S. stocks under a temporary "Innovation Exemption" order set to remain in force for five years
- SEC Chair Paul Atkins called the order "designed to resolve challenges that have prevented responsible innovation from taking root" while maintaining investor protections, though the agency emphasized it is not a formal regulation change
- Securitize became the first major tokenization firm to go public in the U.S. in early July and holds roughly 9% of the tokenized market by assets under management, per Needham Securities
- The total tokenized asset market reached $38.51 billion as of Thursday afternoon, up more than 70% over the past year according to data provider RWA.xyz
- Needham analyst John Todaro initiated coverage with a buy rating, citing Securitize's funds launched with BlackRock, Apollo, and KKR alongside infrastructure partnerships with Computershare and NYSE
Why it matters: Securitize's double-digit surge crystallizes how a five-year regulatory greenlight reshapes the playing field for tokenization platforms racing to bring traditional stocks onto blockchain rails. With $38.51 billion already in tokenized assets (up 70%+ year-over-year) and 24/7 trading as the structural edge, incumbents holding institutional distribution deals like Securitize's tie-ups with BlackRock, Apollo, KKR, Computershare, and NYSE gain a defensible runway over would-be competitors.
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