Securitize Lists on NYSE, Issues Tokenized Shares on Solana and Avalanche
By
@cointelegraph
Summary
Securitize, a tokenization platform backed by BlackRock and Morgan Stanley, debuted on the New York Stock Exchange under the ticker SECZ after merging with a Cantor Fitzgerald-backed SPAC. On its first trading day, the company also launched tokenized versions of its shares on the Avalanche and Solana blockchains, making them available to eligible US investors. This marks the first time a company has simultaneously listed on a traditional stock exchange and issued tokenized shares on multiple blockchains.
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Key quotes
· 3 pulledIt marks the first time a company has simultaneously listed on a traditional stock exchange and issued tokenized shares on multiple blockchains.
Securitize rallied on its New York Stock Exchange debut on Thursday, as it brought tokenized versions of its shares to two blockchains.
The company, which is backed by BlackRock and Morgan Stanley, began trading on the NYSE under the ticker SECZ on Thursday after merging with a Cantor Fitzgerald-backed special-purpose acquisition company to take it public.
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