Securitize began trading on the New York Stock Exchange on Friday under the ticker SECZ, marking the first newly listed public company to tokenize its own shares from the first trading day. The company issued approximately $295 million of its common stock onchain via Solana and Avalanche, the largest issuer-sponsored tokenized stock launch to date.
NYSE Debut: SECZ Rises 16%
The listing followed a transaction that valued the Miami-based firm at roughly $1.25 billion, according to Bloomberg. On its first trading day, SECZ shares climbed as much as 16%, the Wall Street Journal reported. CEO Carlos Domingo told CNBC and Schwab Network that the listing reflects a significant shift toward real-world assets within the digital asset space.
Onchain Issuance: Solana and Avalanche
Securitize said its common shares were tokenized at launch using Solana and Avalanche blockchains, in what it describes as the largest issuer-sponsored tokenized stock introduction. Deputy COO Suzy Singh explained to Taking Stock that retail investors can hold Securitize shares directly in compatible digital wallets from day one, bypassing traditional broker intermediaries.
Milestone for Tokenized Securities
Multiple financial publications highlighted the NYSE listing as a landmark for tokenized securities. Bloomberg called it an important step for the broader tokenization market. Domingo noted that Securitize is the first pure-play tokenization business to list on a major U.S. exchange. He added that tokenization has become one of the most talked-about topics in the industry and that the company expects further growth as tokenized capital markets develop. Notably, BlackRock remains a key partner of Securitize, lending credibility to the institutional adoption of tokenized assets.