Securitize brings Apple, Nvidia and Tesla to Solana, with NYSE trading in the works
Securitize has launched 'Securitize Stocks' on the Solana blockchain, allowing users to trade tokenized shares of major companies like Apple, Nvidia, and Tesla. The initiative aims to enable 24/7 trading and faster settlement while maintaining shareholder rights through blockchain rails.
Why it matters
This represents a significant step in the integration of traditional equity markets with blockchain technology, potentially transforming how retail investors access and trade stocks.
The new product, called Securitize Stocks, will initially cover 12 companies, including Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy and Palantir, the firm said Thursday in a press release shared with CoinDesk.
At first, trading of those stock will be available on Securitize's existing Solana-based platform , with Jump Trading providing liquidity and transactions settling in USDC stablecoin.
The stocks are also expected to trade on the New York Stock Exchange's planned 24/7 digital trading platform and the upcoming OKXICE Tokenized Securities Venue , a joint venture between NYSE parent Intercontinental Exchange (ICE) and crypto exchange OKX. Both expansions remain subject to the venues launching and meeting regulatory requirements.
The move comes as Wall Street firms are pushing to bring equities onto blockchain markets, allowing around-the-clock trading, faster settlement and potentially use of stocks as collateral in onchain lending markets.
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