Securitize, the tokenization firm that lists its own common stock on the New York Stock Exchange under the ticker SECZ, has nearly doubled the menu of U.S. equities it offers onchain. On November 2 it added 13 names to Securitize Stocks, lifting the lineup to 25 stocks on Solana a little under a month after the first 12 went live. The new wave brings Exxon Mobil, Johnson & Johnson, Merck, Lockheed Martin, Salesforce, Disney, Uber and GameStop onto the platform, alongside Arista Networks, Flex, Lumentum, Seagate Technology and Texas Instruments.
The easy read is growth: 13 additions on a base of 12 is a 108% jump in about three and a half weeks. The more useful read is the change in composition. The October basket leaned on mega-cap technology names — Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, Amazon and Netflix, plus MicroStrategy, Palantir, Circle and a tokenized SpaceX vehicle. The second wave is a broad-market basket, adding healthcare, energy and defense names that institutions tend to hold at size. That shift matters for anyone using tokenized equities as a portfolio building block rather than a single-stock bet.
What separates Securitize Stocks from a price-tracking token is the claim on the underlying share. Each token is backed 1:1 by a real share and is structured as a security entitlement under Article 8 of the Uniform Commercial Code, which Securitize says preserves dividends and, where the class carries them, voting rights. The company is explicit that the shares backing its tokens are not lent out, closing the door on a counterparty risk that comes with synthetic exposures that earn a lending yield on shares a customer believes they own outright. The tokens are also built as a bridge: a convertible entitlement token means that if an issuer later adopts issuer-sponsored tokenization, holders could convert their entitlements into shares recorded directly on the company’s register through Securitize’s transfer-agent partnerships.
Settlement runs through Securitize Markets, an SEC-registered broker-dealer that is also a FINRA and SIPC member, with trades settling in USDC on Solana and liquidity infrastructure supported by Jump Trading. The regulatory point the company leans on is that, because trading sits inside an existing broker-dealer framework, the offering does not need the SEC’s Innovation Exemption. That exemption is the route taken by venues such as OKXICE, where reliance on it has already drawn objections from more than twenty issuers over blue-chip shares being listed without their sign-off. Eligible investors in the European Union hold their interests through Securitize Europe Brokerage and Markets, extending the same structure across jurisdictions.
Tokenized equities now run along at least three tracks: Securitize’s broker-dealer-first approach, the Innovation Exemption route, and the New York Stock Exchange’s planned 24/7 digital venue, which has not launched. None of the venues that depend on new approvals are live yet, and the companies whose shares underlie Securitize Stocks have not sponsored or issued the tokens. For investors the practical question is narrower than “tokenized stocks”: it is whether the token is a claim on a share or only a bet on a price, and which regulatory path stands behind the answer.
Source: BlockchainReporter.