Securitize became a publicly traded company on the New York Stock Exchange Thursday, July 2, immediately tokenizing its common stock on Solana (SOL).
The move lands alongside a separate governance shift on Solana, where validators gained a formal, stake-weighted voting process for protocol decisions. Both moves come as SOL posted strong gains, up 19.3% over the past week.
Securitize Brings Its NYSE Debut Onchain
Securitize completed its merger with Cantor Equity Partners II and opened trading on the NYSE under the ticker SECZ on Thursday. This is part of its broader tokenized asset expansion across multiple chains.
“We have long said that public equities are moving onchain”
— Carlos Domingo, Founder and CEO of Securitize
Blockchain data from RWA.xyz tracked roughly $295 million in tokenized SECZ shares at launch. Securitize said the tokens represent the same shares trading on the NYSE, not a synthetic wrapper.
Additionally, access is limited to eligible U.S. investors who pass identity checks.
Validators Gain a Formal Vote
Separately, the Solana Foundation activated Solana Governance Proposals on July 1. Ultimately letting validators with at least 100,000 staked SOL submit proposals.
The framework separates broad directional questions from the technical upgrades developers already handle. Furthermore, it lets individual delegators override their validator’s vote.
Together, the two developments show Solana courting institutional issuers and their own validator bases at once. Whether tokenized SECZ shares draw meaningful onchain trading volume will shape how far this new strategy goes.
Source: BeInCrypto
