Securitize, the tokenization platform listed on the New York Stock Exchange under the ticker SECZ, said Nov. 2 it is expanding Securitize Stocks with 13 additional U.S. equities, lifting its onchain lineup to 25 stocks on Solana less than a month after the first 12 went live. The second wave adds Exxon Mobil, Salesforce, Walt Disney, Johnson & Johnson, Merck, Uber, Lockheed Martin, GameStop, Arista Networks, Flex, Lumentum, Seagate Technology and Texas Instruments, in trades that settle in USDC through Securitize Markets, the company’s SEC-registered broker-dealer.
The expansion reads as a scaling step and a diversification move at once. The original October basket was dominated by mega-cap technology and communications names — Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, Amazon and Netflix, plus MicroStrategy, Palantir, Circle and a tokenized SpaceX vehicle. The new names pull energy (Exxon Mobil), healthcare and pharmaceuticals (Johnson & Johnson, Merck), defense (Lockheed Martin) and consumer-facing businesses (Disney, GameStop, Uber) into the set, widening the sector mix an eligible investor can hold onchain.
The 13 Stocks Joining the Lineup
The 13 additions, with tickers, are: Arista Networks (ANET), Flex (FLEX), Exxon Mobil (XOM), GameStop (GME), Johnson & Johnson (JNJ), Lockheed Martin (LMT), Lumentum (LITE), Merck & Co. (MRK), Salesforce (CRM), Seagate Technology (STX), Texas Instruments (TXN), The Walt Disney Company (DIS) and Uber Technologies (UBER). They join the 12 originals that launched Oct. 8 — AAPL, MSFT, NVDA, GOOG, TSLA, META, AMZN, NFLX, CRCL, SPCX, MSTR and PLTR.
The arithmetic is plain: 13 additions on a base of 12 is a 108% jump in the size of the menu in 25 days. More meaningful than the count is the composition. The first wave was a growth trade; the second is a broad-market trade, adding defensive sectors (healthcare, energy) alongside cyclical names (GameStop, Uber). That shift matters for anyone using tokenized equities as a building block for a diversified portfolio rather than a single-stock bet.
What “1:1 Backing” Actually Means
Securitize is explicit that its tokens are not synthetic price wrappers. “Unlike products that primarily provide economic exposure to a stock’s price, Securitize Stocks are backed 1:1 by underlying shares, structured to preserve the investor rights and economic benefits associated with those shares, and convertible, where available, to direct ownership on the books of the issuer’s transfer agent,” the company said in the release.
Each token represents a security entitlement under Article 8 of the Uniform Commercial Code, which the company says preserves dividends and, where the underlying class carries them, voting rights. “Shares backing Securitize Stocks are not lent out,” the release states, removing a yield-extraction and counterparty risk that accompanies some synthetic exposures. Investors in the European Union hold their interests through Securitize Europe Brokerage and Markets, on the terms of its client agreement and applicable law.
The structure is also built as a bridge. The convertible entitlement token (CET) means that if an issuer later adopts issuer-sponsored tokenization, holders can convert their entitlements into shares recorded directly on the company’s register, through Securitize’s partnerships with transfer agents. The current list of available equities and the per-market eligibility and jurisdictional restrictions are published on the company’s Securitize Stocks page. Chairman and CEO Carlos Domingo framed the expansion around a broader ambition: “Less than a month after launching Securitize Stocks, we’re expanding the offering to bring even more of the world’s leading companies onchain. Our vision is to make U.S. equities available to investors globally, with the same rights and protections they expect from traditional markets.”
The difference between this and a simple price-tracking token is visible in the failure states. A synthetic product that only mirrors a stock’s price holds no claim on the underlying shares, so its holder is exposed to whatever collateral or credit risk the issuer of the synthetic has taken on. A security entitlement under UCC Article 8, by contrast, sits inside the securities-intermediation chain: the holder’s claim runs through a broker-dealer and ultimately to the share itself, with the same framework of transfer agents, custodians and, where applicable, SIPC coverage that governs conventional brokerage accounts. Securitize’s insistence on “no share lending” closes a second door — the one where a token issuer earns a lending yield on shares the customer believes they own outright, while introducing counterparty risk the customer never signed up for.
Trading Rails — Solana, USDC and Jump Trading
Securitize Stocks trade on Solana, with liquidity infrastructure supported by Jump Trading, and every transaction settles in USDC. Trading currently runs beyond traditional market hours, and the company says it is moving toward 24/7 availability. The gap matters: a standard NYSE session is 6.5 hours a day, or roughly 32.5 hours a week; round-the-clock trading stretches that to 168 hours a week — more than five times the window, and a change that removes the overnight gap where off-hours news can move a stock while the market is closed.
Solana was trading near $92.47 at the time of writing, down about 2.2% over 24 hours, against bitcoin near $77,260 and ether near $2,264, according to CoinGecko. Solana has become Securitize’s venue of choice for the equity product, after earlier work tokenizing funds and its own stock across multiple networks.
The Regulatory Distinction That Matters
The expansion’s most consequential feature may be what it does not depend on. Secondary trading runs through Securitize Markets, LLC, an SEC-registered broker-dealer and FINRA/SIPC member, under existing U.S. securities laws — and, as the release puts it, the offering “does not need to rely on the SEC’s Innovation Exemption.” That is a deliberate contrast with the Tokenized Securities Venue (TSV) track, where the OKXICE venue depends on the SEC’s Innovation Exemption and has already drawn objections from 22 issuers over blue-chip stocks being listed without their sign-off.
Securitize says its tokens are also designed to be compatible with TSVs, including OKXICE, and are expected to trade on the new 24/7 digital venue the New York Stock Exchange is developing, subject to that venue’s launch and regulatory approvals. None of those venues have launched yet.
Where Securitize Sits in a Crowding Field
Tokenized equities are no longer a one-company story. Three distinct tracks are now running in parallel. Securitize represents the broker-dealer-first track: existing securities law, a registered broker-dealer, and security entitlements that settle in USDC on Solana. Coinbase has taken the same route by putting tokenized stocks on its Base network through its own regulated stack. The TSV track — led by OKXICE, the venue combining OKX technology with Intercontinental Exchange’s regulatory footprint — instead relies on the SEC’s Innovation Exemption, and that reliance is exactly what has made it contentious, with two dozen issuers objecting to blue-chip shares being listed without their approval. A third track sits in the middle: the New York Stock Exchange’s planned 24/7 digital venue, which has not launched and which Securitize expects its tokens to eventually trade on.
For Securitize, the competitive edge is the regulatory path of least resistance. By not needing the Innovation Exemption, it avoids the issuer-consent fight that has slowed the TSV model, at the cost of operating inside a stricter broker-dealer framework that may be slower to add assets. That trade-off — speed of listing versus legal certainty — is the real strategic fork in tokenized equities, and the 25-stock expansion is Securitize betting that certainty wins the institutions.
A $5B Platform and the Road Ahead
The expansion lands against a larger backdrop. Securitize reported roughly $5 billion in tokenized assets on platform as of Sept. 30, 2026, and it tokenized its own common stock, SECZ, on its first day of trading in July 2026 — a live test of the exact mechanism it now sells to others. The firm works with asset managers including Apollo, BlackRock, BNY, Hamilton Lane, KKR and VanEck, and it positions itself as the only operator running regulated digital-securities infrastructure in both the U.S. and the EU. That dual-jurisdiction reach is material here: the equity tokens are available to eligible investors in the U.S., the EU and other permitted jurisdictions, which is a wider net than most U.S.-only tokenization efforts can cast.
What the release does not promise is just as important. The NYSE 24/7 venue and OKXICE have not launched, trading on them remains subject to regulatory approval and venue review, and the companies whose shares underlie Securitize Stocks have not sponsored, endorsed or issued the tokens. No new shares are issued in connection with the offering. The gap between “expected to trade” and actually trading is where previous tokenized-equity roadmaps have slipped, so the disclosure is a useful check on the headline.
The second wave builds on a launch that put the first 12 U.S. equities onchain in early October. Whether the broader market follows Securitize’s broker-dealer-first model or the TSV exemption model will shape how quickly tokenized equities scale beyond a 25-stock menu, and who gets to write the rules for the next wave.
For Solana, the expansion is a quiet win: a regulated, NYSE-listed operator is using the network as the settlement rail for U.S. equities, adding a class of activity that looks less like speculative token trading and more like traditional market infrastructure moving onchain. For the tokenization trade more broadly, the signal is simpler — the menu is widening from tech-heavy growth names to the diversified, defensive stocks that institutions actually hold in size.
