Securitize Launches Tokenized US Stocks With Shareholder Rights on Solana

Securitize announced on October 8 that it had launched Securitize Stocks, offering eligible investors 1:1-backed security entitlements to 12 U.S. equities on Solana. The tokens settle in USDC and are designed to pass through applicable dividends and voting rights, though holders do not become registered shareholders unless they convert their entitlements. According to Securitize’s announcement , the initial roster comprises Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, Amazon, Netflix, Circle, SpaceX, Strategy and Palantir. The launch puts the instruments on Solana from the outset, rather than presenting the tokens as a separate cryptocurrency linked only to equity prices.

Source: Crypto Daily