Securitize launches tokenized US stocks on Solana backed 1:1 by shares
The Block reports the tokens carry dividends and settle in USDC, with Apple, Nvidia and Strategy among the stocks named.
At a glance
Securitize launched tokenized US stocks on Solana on Oct. 8, with the tokens backed 1:1 by real shares, according to The Block.
The tokens carry dividends and settle in USDC, The Block reports.
Eligible US and EU investors can access the share-backed tokens through Securitize's broker-dealer platform, The Defiant reports.
Securitize launched tokenized US stocks on Solana on Oct. 8, with the tokens backed 1:1 by real shares, according to The Block.
The tokens carry dividends and settle in USDC, The Block reports. The Block's headline names Apple, Nvidia and Strategy among the stocks. The Defiant's headline lists Apple, Nvidia and Tesla.
Eligible US and EU investors can access the share-backed tokens through Securitize's broker-dealer platform, The Defiant reports. Trading on NYSE and OKXICE venues remains planned.
Securitize reported tokenized assets at record $4.3 billion in its first public report since listing, alongside shrinking tokenization fees and a wider net loss, as this publication covered in August.
The London Stock Exchange has planned to list tokenized versions of the UK's 100 largest stocks as loan notes.
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