Securitize has issued tokenized versions of its shares on Solana and Avalanche, making it the first time a newly public company has done so at its debut.
Securitize listed its own stock on the NYSE and simultaneously issued tokenized shares on blockchain platforms Avalanche and Solana, marking a notable step in integrating traditional stock markets with blockchain technology.
Securitize has tokenized $295 million of its own stock on the Solana and Avalanche blockchains, marking a major milestone in digital securities. The move aims to challenge third-party stock token issuers by directly issuing tokens.
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