Securitize tokenizes NYSE shares on Solana and Avalanche

Securitize became the first public company to simultaneously list common stock on a traditional exchange and issue tokenized versions on blockchain networks. On July 2, the company started trading on the New York Stock Exchange under the ticker SECZ after completing a SPAC merger with Cantor Equity Partners II. Shareholders approved the deal on June 29. The merger was expected to raise around $400 million.

On the same day, Securitize issued roughly $266 million worth of tokenized SECZ shares on Solana and Avalanche. That makes it the largest tokenized stock launch by value. Shares of SECZ rose more than 8% in their first session.

Securitize is NYSE's designated digital transfer agent, a role formalized through a memorandum of understanding signed in March 2026. The company had already executed the first onchain issuance of public equity for Exodus Movement in December 2024, tokenizing EXOD shares. It now manages over $4 billion in assets under management for BlackRock.

The traditional side can buy SECZ through any brokerage. The crypto side can hold the tokenized version on Solana or Avalanche. The equity carries the same rights, just on different settlement rails.

For Solana, landing the first dual-listed NYSE equity on its chain is a validation of its ecosystem. For crypto-native investors, tokenized equities that settle onchain open the door to 24/7 trading, DeFi collateral, and composability with lending protocols. Securitize's choice to launch on Solana and Avalanche, rather than Ethereum, signals a bet on speed and lower transaction costs.

The move also tests whether traditional markets and blockchain infrastructure can coexist at scale. If tokenized shares gain traction, they could pull capital from conventional equity settlement into a round-the-clock, programmatic environment. For now, the initial issuance is a proof of concept backed by $266 million in onchain supply.

Securitize's dual listing gives both institutional and retail holders a choice of where to hold their positions. The question going forward is whether liquidity migrates to the tokenized side or stays with the NYSE-listed stock. Volumes on the first day suggest at least some demand for the onchain version exists.