Each token is backed one-for-one by a share held through Securitize Markets, and the release's own disclosure says holders are not registered shareholders unless they convert. Trading opens in extended US hours on Solana, and the two venues the company points to next, the NYSE's 24/7 platform and the OKXICE tokenized securities venue, have not launched.
Securitize said on Thursday that it has opened trading in tokenized US stocks on its own broker-dealer platform, with twelve tickers live on Solana and settlement in USDC. The announcement, dated Miami at 09:00 ET, describes each token as backed one-for-one by an underlying share held through Securitize Markets, LLC, with trading limited at first to extended US market hours.
What a buyer gets is narrower than the word stocks suggests. Securitize calls the instrument a convertible entitlement token, and the release says each one "represents a security entitlement under UCC Article 8" rather than a share recorded on a company's register. Its disclosure is explicit: "Holders are not registered shareholders of the underlying issuer unless they convert." Conversion is not a standing right either. The release says holders can convert into shares on the issuer's register through Securitize's transfer-agent partnerships only when an issuer adopts issuer-sponsored tokenization, and it names no issuer among the twelve that has done so.
Inside that structure, the economics are meant to pass through. The release says the entitlements preserve rights "including dividends and, where the underlying class carries them, voting rights," a qualification that matters for any name whose traded class has no vote. It also commits that "Shares backing Securitize Stocks will not be lent out," which rules out securities lending against the backing shares.
The initial list is given as tickers only: AAPL, MSFT, NVDA, GOOG, TSLA, META, AMZN, NFLX, CRCL, SPCX, MSTR and PLTR. The release does not spell out which company sits behind each ticker. Securitize's own listed stock, SECZ, trades separately and is not one of the Securitize Stocks tokens; the company says that stock has traded on Solana since its NYSE listing in July.
Liquidity and plumbing come from named partners. Jump Trading is the market maker, using Securitize's existing Solana PropAMM, and a Jump spokesperson is quoted saying that "PropAMMs on Solana have demonstrated that onchain markets can deliver tight spreads, deep liquidity." RQD is named on clearing, custody and settlement, Ripple Prime says it plans to support the launch, and Aave is named as a supported lending and collateral market. Aave already runs a USDC market collateralized by seven Coinbase stock tokens, so a Securitize listing there would add a second set of equity-backed collateral rather than a first.
The release is titled as a launch of global onchain trading, and the venues that would take it beyond Securitize's own platform are the part that does not exist yet. It points to the NYSE's planned 24/7 digital trading venue and to the OKXICE Tokenized Securities Venue, which it says is expected to carry the tokens, then states plainly: "The NYSE and OKXICE venues have not launched," and trading there "may not occur." Both have been moving in public. The NYSE venue had a distributor lined up before it had approval in September, and the OKX and ICE joint venture cleared its own step when a filing showed it needs only notice, not approval, to list 63 tokenized stocks. Both sit inside the exemption the SEC granted tokenized stock venues in September, with a five-year term and tight caps.
Access is bounded as well. The release limits the offering to eligible investors in the US, the EU and other permitted jurisdictions, subject to "applicable securities laws, sanctions requirements and other restrictions," and on onboarding and know-your-customer and anti-money-laundering checks. The European offering runs through a separate entity, Securitize Europe Brokerage and Markets, S.A. Securitize puts its assets under management at roughly $5 billion as of September 2026.
Carlos Domingo, the company's chairman and chief executive, framed the launch against offshore products that track a stock's price without the surrounding rights. "Tokenized stocks should give investors more than a price on a wrapper that tracks a stock and is only offered offshore," he said in the release, describing the aim as to "bring equities onchain without leaving behind the ownership, investor protections and market infrastructure." The Block and CoinDesk both reported the launch from the same release on Thursday morning.
Until an issuer opts into issuer-sponsored tokenization, a holder's name does not reach that issuer's register, and the release does not say when, or whether, any of the twelve will opt in. What the tokens settle today is a one-for-one entitlement to a share held through Securitize Markets, priced in USDC and tradable during extended US hours.
