Securitize Surges 24% on SEC Tokenized-Stock Greenlight — SkimNews
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- Securitize rose 14% (peaking at 24%) Thursday following the SEC's move to allow limited trading of tokenized publicly traded U.S. stocks
- SEC Chair Paul Atkins announced the 'Innovation Exemption,' a temporary order effective for five years that Atkins said is designed to resolve challenges preventing responsible innovation while preserving investor protections
- 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, according to Needham Securities
- The tokenized asset market reached $38.51 billion as of Thursday afternoon, up more than 70% over the past year, per RWA.xyz data
- Needham analyst John Todaro initiated coverage with a buy rating, noting Securitize has launched two funds with BlackRock, Apollo, and KKR and holds infrastructure partnerships with Computershare and NYSE
- Tokenization registers ownership rights for real-world assets like bonds and stocks on a digital decentralized ledger, enabling trading around the clock
Why it matters: Securitize holds roughly 9% of a $38.51 billion tokenized-asset market that has grown more than 70% year-over-year, and its existing institutional ties to Apollo, BlackRock, KKR, Computershare, and NYSE make it a near-term capture point for compliant tokenized-stock flow under the SEC's five-year sandbox.
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