Securitize gains on NYSE debut with tokenized stocks live on Solana, Avalanche

Securitize has issued tokenized versions of its shares on Solana and Avalanche, marking the first time a newly public company has done so on its debut.

Tokenization platform Securitize rallied on its New York Stock Exchange debut on Thursday, as it brought tokenized versions of its shares to two blockchains.

The company, which is backed by BlackRock and Morgan Stanley, began trading on the NYSE under the ticker SECZ on Thursday after merging with a Cantor Fitzgerald-backed special-purpose acquisition company to take it public.

Securitize said Thursday that it simultaneously launched tokenized versions of its shares on the Avalanche and Solana blockchains, which will be available to eligible US investors on its platform.

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