Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut
CoinDesk 2026-07-02 19:00:03
Context: Securitize, a newly public company, has tokenized $295 million of its own stock on the Solana and Avalanche blockchain platforms, marking the largest issuer-sponsored tokenized stock launch to date. This move comes as Securitize prepares to make its debut on the New York Stock Exchange. The company's decision aims to differentiate itself from rival third-party stock token issuers.
Key Facts
- Securitize has tokenized $295 million of its own stock on the Solana and Avalanche blockchain platforms, making it the largest issuer-sponsored tokenized stock at launch.
- The tokenized stock launch is part of Securitize's preparations for its debut on the New York Stock Exchange.
- The move is intended to position Securitize against rival third-party stock token issuers, highlighting the company's unique approach to tokenizing its own stock.