Securitize Expands Onchain U.S. Equity Offering to 25 Stocks via Solana
Securitize Corp. has announced a significant expansion of its 'Securitize Stocks' platform, adding 13 new U.S. equities to bring the total onchain offering to 25 stocks. The expanded list includes major companies such as Exxon Mobil (XOM), Disney (DIS), and Salesforce (CRM). These tokens are built on the Solana blockchain and are backed 1:1 by underlying shares, ensuring investors retain economic benefits like dividends and security entitlements. The platform utilizes a Convertible Entitlement Token (CET) structure, allowing for potential conversion to direct ownership if issuers adopt tokenization. Trading is supported by Jump Trading's liquidity infrastructure and settles in USDC. While currently available outside traditional market hours, Securitize aims to move toward 24/7 availability and expects integration with the New York Stock Exchange's upcoming digital trading venue.
Tickers: $ANET $CRM $DIS $FLEX $GME $JNJ $LITE $LMT $MRK $SECZ $STX $TXN $UBER $XOM
Topics: Blockchain Equities Real World Assets Solana Tokenization