Key facts
- Securitize's tokenized equity lineup now totals 25 U.S. stocks after the November 2 addition of 13 names.
- The new group includes ExxonMobil, Salesforce, GameStop, Disney, Johnson & Johnson, Lockheed Martin, Merck, Texas Instruments and Uber.
- Securitize said each token corresponds to one share held in custody and carries applicable dividend and voting rights.
- The 25 equities trade on Solana and settle in the USDC stablecoin, with Jump Trading supporting liquidity.
- Securitize said it does not issue or lend out the underlying shares and the program creates no new shares.
Securitize added 13 U.S. stocks to its Solana-based trading platform on November 2, bringing its tokenized equity lineup to 25, the company said. The new group includes ExxonMobil, Salesforce, GameStop, Disney, Arista Networks, Flex, Johnson & Johnson, Lockheed Martin, Lumentum, Merck, Seagate Technology, Texas Instruments and Uber.
The expansion came less than a month after Securitize launched its first 12 tokenized stocks on October 8. Among those first names were Apple, Microsoft, Nvidia, Tesla, Amazon and SpaceX. Chairman and CEO Carlos Domingo said the company is looking to place U.S. shares on-chain without affecting investors' rights and securities protections.
According to Securitize, each token corresponds to a single share of the underlying asset and is a security. Holders are entitled to applicable economic benefits such as dividends where applicable, and to voting rights where the underlying shares grant them. The tokens are not a substitute for direct registration on a company's shareholder list, but Securitize said owners could convert their rights into registered shares if a company later implements its own tokenization scheme.
Securitize said it does not issue or lend out the underlying shares, that the products contain no shares issued or endorsed by the 25 underlying companies, and that the program generates no new shares. In the U.S., trading runs through Securitize Markets, an SEC-registered broker-dealer and FINRA member; European customers hold their interests through Securitize's regional brokerage under applicable agreements and laws.
The 25 equities trade on Solana and transactions settle in the USDC stablecoin, with Jump Trading supporting liquidity. Trading extends beyond regular U.S. stock market hours, and Securitize said it plans round-the-clock trading without announcing a firm start date. It also expects its products to reach a proposed New York Stock Exchange digital venue and was designed to support the planned OKXICE tokenized securities venue, which filed plans for tokenized NYSE stocks in October but has not launched.