Twelve US stocks, among them Apple, Nvidia, Tesla and Microsoft, became available as tokens on Solana on Thursday. Securitize, the tokenisation firm that listed on the NYSE in June, calls the product Securitize Stocks.
Each token is backed one for one by a real share, CoinDesk reported. Trades settle in USDC, Jump Trading provides liquidity, and the offer is open to eligible investors in the US, Europe and other permitted markets.
The legal structure is the selling point. Holders get a security entitlement, and Securitize says dividends and voting rights carry through.
What holders do not get is their name on the company’s shareholder register. Chief executive Carlos Domingo described the product as a bridge to a future in which issuers take part in tokenisation directly. Conversion to direct ownership may come if they do.
The pitch to institutions is rights, not just price exposure. Securitize has issued $4.5 billion in tokenised assets and built BlackRock’s blockchain money market fund, and BlackRock is among its backers.
The timing follows the regulator. The SEC opened an exemption for tokenised securities venues in September. Securitize says its stocks are expected on the NYSE’s planned 24/7 platform and on the venue that OKX and the NYSE’s owner applied for this week.
Neither venue is live, and both need regulatory sign-off. For now, trading runs on Securitize’s own Solana platform during extended market hours, not around the clock.
CoinDesk’s report does not say who counts as eligible, or how many shares sit behind the tokens on day one. A product built for venues that do not yet exist will be judged on that second number, once somebody publishes it.
