Securitize tokenizes $295M of its own NYSE-listed stock on Solana at IPO, becoming the first publicly traded company to list actual equity onchain with SEC registration and BlackRock backing.
RWA & Tokenization ·
Securitize tokenized $295 million of its own NYSE-listed stock on Solana as part of an initial public offering, marking the first instance of a publicly traded company listing actual equity on-chain at IPO with SEC registration. The offering reportedly retained 71 percent of SPAC trust participation and received backing from BlackRock.
The move reflects broader momentum in Solana's real-world assets ecosystem, which expanded from $873 million to $3.6 billion over a six-month period, according to available metrics. The ecosystem has attracted 291,000 participants during this growth phase, signaling increased institutional and retail engagement with tokenized securities on the blockchain.
Several details remain unclear: the specific timeline of the tokenization, the precise mechanics of SEC registration for on-chain equity, transaction volumes since launch, and whether other publicly traded companies have announced similar plans. The long-term regulatory and market implications for tokenized equity trading also remain to be established.