Securitize tokenizes $295M of its own stock on first day of NYSE listing

Securitize (SECZ) has tokenized $295 million worth of its own shares on Solana (SOL) and Avalanche (AVAX) following its official listing on the New York Stock Exchange (NYSE). According to CoinDesk, this marks the largest-ever tokenization of equity led by an issuer. Qualified U.S. investors can purchase the stock tokens through the Securitize platform after completing "identity verification" and meeting securities law requirements. Securitize CEO Carlos Domingo said the company has long argued that listed stocks will move on-chain, adding that there is no stronger evidence for this than tokenizing their own stock on the first day of listing.