Overview
- Securitize is issuing tokens that are each backed one‑for‑one by underlying U.S. shares and that the company says are security entitlements under UCC Article 8, preserving dividend and voting rights where available.
- The tokens will trade on the Solana blockchain through Securitize’s registered broker‑dealer with transactions settled in USDC and initial availability during extended hours as the company moves toward continuous trading.
- Jump Trading has committed to provide liquidity via a Solana PropAMM market‑making arrangement to support secondary‑market pricing and tighter spreads for the new tokens.
- Securitize says the entitlements can be converted into direct shares where issuer‑sponsored tokenization exists, and firms such as Ripple Prime and Aave are exploring trading, lending and collateral uses for the tokens.
- Expansion to regulated venues like the forthcoming NYSE Digital and the OKXICE Tokenized Securities Venue is planned but depends on regulatory and operational approvals, and the model relies on stablecoin rails and custodial controls that market participants will need to adopt.