Securitize began trading on the New York Stock Exchange on Thursday under the ticker SECZ and also launched a tokenized version of its own common stock.
The company said eligible U.S. investors will be able to access tokenized SECZ through its regulated platform, separate from the NYSE-listed shares.
Meanwhile, Securitize is bringing its own public stock onchain at the start of its life as a listed company. The company said tokenized SECZ will be available on Avalanche and Solana, creating a multichain base for issuer-sponsored public equity tokenization.
Securitize brings its own stock onchain
The company said the launch makes it the first newly public company to bring its own stock onchain from its first day as a public company. Based on expected shareholder participation, the company also said tokenized SECZ is expected to become the world’s largest tokenized stock at launch.
The tokenized SECZ product is meant to represent the same common stock trading on the NYSE. Securitize said it is not a separate share class. The company also said tokenization changes the form of ownership but does not change the share itself or override legal, contractual or transfer limits.
Eligible U.S. investors get regulated access
Eligible U.S. investors will access tokenized SECZ through Securitize’s regulated platform. The company said access will depend on onboarding, KYC and AML checks, location eligibility and securities-law requirements.
The company described the product as issuer-sponsored tokenization, rather than a synthetic token or offshore structure.
“SECZ is not a synthetic token or offshore wrapper.” said Carlos Domingo, co-founder and chief executive officer of Securitize. “It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure. This is how tokenization should scale: with real ownership, regulatory clarity and the issuer at the center.”
Domingo also said, “We have long said that public equities are moving onchain.” He said tokenizing Securitize’s own public stock on day one validates the infrastructure the company has built around regulated tokenized securities.
NYSE debut follows earlier funding plan
The listing follows weeks of preparation around Securitize’s public-market plans. As reported last Friday, Securitize was preparing to raise $400 million before its planned July 2 NYSE debut through a merger with Cantor Equity Partners II, a SPAC backed by Cantor Fitzgerald.
Moreover, the combined company was set to trade on the NYSE under the ticker SECZ if the deal closed on July 1. The funds were expected to support product expansion, regulatory capabilities, new markets and tokenized financial asset infrastructure.
As we reported on June 5, Securitize had moved closer to its NYSE debut after the U.S. Securities and Exchange Commission declared its S-4 registration statement effective. That report also noted that the merger with Cantor Equity Partners II still required a shareholder vote at the time.
SECZ trading starts as tokenization expands
Securitize’s Thursday debut also came with early trading interest. The Wall Street Journal reported that SECZ traded as much as 16 percent higher in its NYSE debut and recently changed hands near $13 per share. Moreover, the tokenized market cap on Avalanche would be more than $300 million on Thursday.
The company’s listing gives public-market investors direct exposure to a tokenization infrastructure firm. Securitize works with asset managers and financial firms to bring stocks, funds, bonds and other securities onchain through regulated systems. Its own SECZ launch now places that model on its balance sheet and shareholder base.
Elsewhere, as reported in May, Securitize posted record first-quarter revenue of $19.5 million, up 39 percent from the previous year. However, the company also reported a net loss of $7.9 million as spending increased ahead of its public listing plans.
The same report said Securitize ended the quarter with $3.4 billion in tokenized assets under management, $24.9 billion in assets under administration and $1.9 billion in transaction volume. Those figures show the scale Securitize is bringing into public markets as SECZ starts trading on the NYSE.
Ultimately, tokenized SECZ will only be available to eligible U.S. investors who pass the required checks. Securitize also said more functionality, utility and market infrastructure may develop over time. The launch gives public companies a working example of how issuer-sponsored stock tokenization can sit beside a traditional NYSE listing.
