Currenc Group Inc., a Nasdaq-listed company, has chosen Securitize to tokenize its shares, with the structure designed to support 24/7 trading, fractional ownership, and possible use in DeFi. The move adds another public issuer to the growing effort to bring listed equities onto blockchain rails instead of keeping them confined to conventional trading hours and settlement systems.
In practical terms, tokenization could allow equity exposure to circulate outside standard market sessions and reach a wider global investor base. Fractionalization lowers the entry threshold, while onchain integration creates room for use cases such as collateralization and automated trading strategies. Currenc now joins a broader set of public companies testing blockchain-native equity formats as issuers look for ways to expand liquidity and investor reach without relying only on traditional exchange infrastructure.
Securitize expands its role in tokenized public-market infrastructure
Securitize has been building a stronger position in tokenized securities. The report notes that the firm was recently selected to help build the New York Stock Exchange’s planned 24/7 tokenized securities platform. It has also been involved in a large share of tokenized real-world asset issuance in the United States, including major onchain funds and earlier equity tokenization efforts.
Securitize CEO Carlos Domingo said the goal goes beyond putting shares on a blockchain. He said the company is working toward a market structure in which public equities can move globally, trade more efficiently, and become interoperable with the next generation of financial infrastructure. The Currenc mandate is the first announced deal since Securitize was picked for the NYSE initiative, giving the firm an even more visible place in the buildout of tokenized public markets.
The company has also been advancing its Direct Issuance model, which aims to issue blockchain-based shares that are legally recognized securities rather than synthetic representations. That distinction matters. As institutions test blockchain-based capital markets, platforms that can deliver real securities with legal clarity are drawing more attention than token wrappers built around older structures.
Competition with SuperState centers on legal rights, not just technology
The market for tokenized equities is getting more crowded. SuperState, through its Opening Bell platform, has signed clients including Galaxy, Forward, and SharpLink, issuing shares across blockchains such as Solana and Ethereum. Its model differs from many tokenized equity products that mirror traditional shares through custodial arrangements. SuperState focuses on issuing SEC-registered securities directly onchain, with full ownership rights, voting rights, dividend entitlements, and CUSIP registration.
That difference is becoming a major dividing line as issuers decide what tokenization should actually accomplish. The question is no longer limited to whether shares can be tokenized. It is about whether tokenization should replicate existing market structure or replace parts of it with a natively onchain framework. While Securitize has also been moving toward native issuance, competition now appears to hinge on legal certainty, transfer-agent capabilities, and links to traditional financial systems.
Currenc’s move points to a larger shift in market structure
The expansion of tokenized equities reflects a broader reworking of capital-market infrastructure. Traditional exchanges are exploring continuous trading models, while blockchain platforms offer settlement speed and programmability that existing systems do not easily match. The report also notes that Currenc, which focuses on cross-border payments and enterprise tools, is pursuing a reverse merger with Animoca Brands, connecting its tokenization plans with a wider digital-asset strategy.
Domingo said the Currenc deal shows what issuer-led tokenization can look like when the token represents the real security and the company is actively involved in the process. As more issuers experiment with blockchain-based shares, the focus is moving toward interoperability between traditional and digital environments. Whether equities can be traded, settled, and managed across both will shape how far tokenized shares move beyond a niche product.