Blockchain fintech company Securitize has become the first company to simultaneously list shares on the New York Stock Exchange and on blockchain, tokenizing $295 million of its own stock on Solana and Avalanche. The company president says discussions are underway to tokenize more IPOs within the next year.
[Core Summary] Leading tokenization firm Securitize is expected to begin trading on the New York Stock Exchange this Thursday after investors approved a SPAC merger, becoming one of the first publicly traded pure-play tokenization companies. This move signals further capital market recognition for the real-world asset (RWA) tokenization sector. Securitize specializes in tokenizing traditional assets such as real estate and private equity through blockchain technology. The company previously secured investment from traditional finance giants including BlackRock. This listing will bring more liquidity and public attention to the tokenization industry. ...