Securitize lists on NYSE as SECZ and tokenizes its stock on day one

Securitize began trading on the New York Stock Exchange under the ticker SECZ and simultaneously launched tokenized versions of its own common stock, with the latest update highlighting Solana as a venue for tokenized SECZ. The BlackRock-backed company had previously said the move made it the first newly public firm to tokenize its own NYSE-listed stock on the first day of trading. On Thursday, SECZ opened at $12.45, rose as high as $13.70 intraday and ended the session at $12.30, according to The Block. President Brett Redfearn also said Securitize is in substantive talks with major banks including JPMorgan on tokenizing IPO allocations, underscoring the company’s push to extend tokenization beyond secondary trading and into capital-markets distribution. Securitize reached the public market through a merger with Cantor Equity Partners II that raised $400 million at a $1.25 billion valuation, with about 71% of the SPAC’s cash pool remaining in the deal. The company has said the tokenized shares represent the same common stock trading on the NYSE rather than a synthetic token or separate share class. Separately, Solana Foundation launched stake-weighted governance that allows validators to vote onchain, and SOL was up 19.3% this week despite a broader crypto-market downturn.