Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut
CoinDesk·
60-second summary
Securitize tokenizes $295 million of its own stock on Solana and Avalanche, marking the largest issuer-sponsored tokenized stock at launch, as the company makes its NYSE debut. This move positions Securitize against rival third-party stock token issuers, highlighting the potential for issuers to directly tokenize their shares, a significant development in the stock tokenization space.
The newly-public company's shares are the largest issuer-sponsored tokenized stock at launch, aiming to make a point against rival third-party stock token issuers.