BlackRock-backed Securitize made history on its NYSE debut by becoming the first newly public company to tokenize its own common stock on the same day it began trading.
The firm launched tokenized versions of its NYSE-listed shares (ticker: SECZ) on Solana and Avalanche, accessible to eligible U.S. investors through Securitize’s regulated platform. Securitize says these blockchain-based SECZ tokens represent the exact same common stock that trades on the NYSE—not a separate share class—so token holders remain subject to the same legal, contractual and transfer restrictions as traditional shareholders.
Securitize reports strong early demand: tokenized SECZ is already the largest tokenized stock globally, and the company expects to establish an onchain shareholder base from day one as additional regulated market infrastructure for tokenized securities develops.
The public listing followed shareholder approval of Securitize’s merger with Cantor Equity Partners II. Fewer than 30% of the SPAC’s shareholders redeemed, leaving more than 71% of the trust intact before the deal closed. Securitize said the transaction should produce about $400 million in gross proceeds — including an oversubscribed $225 million PIPE — before transaction costs.
Market reaction was positive: SECZ shares climbed more than 10% in their first trading session, trading above $12 (per Yahoo Finance). The move came alongside a Bitcoin rebound to roughly $62,000, which helped lift several publicly traded crypto-related companies.
This onchain equity debut is part of a broader push by Securitize to expand tokenized offerings beyond money market funds. For example, Ethena Labs plans to allocate $250 million to Securitize’s tokenized AAA-rated collateralized loan obligation (CLO) fund after that product expanded to Solana. That fund invests in U.S. dollar–denominated AAA CLO tranches, with BNY acting as custodian and sub-adviser through BNY Investments.
Securitize’s decision to put its own publicly traded shares onchain underscores the company’s long-held thesis: traditional financial assets will increasingly migrate to blockchain networks via regulated, issuer-sponsored platforms. The move also mirrors wider industry momentum, with asset managers such as BlackRock and Franklin Templeton expanding their footprints in tokenized money market funds and other regulated digital-asset products.
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