Solana Selected as Launch Blockchain by Tokenization Leader Securitize, Shares Surge Nearly 10% After Hours

Stock News
5 hours ago

According to Woofun AI, a major infrastructure breakthrough has emerged in the securities tokenization sector, as Securitize (SECZ.US), Inc. (NYSE: SECZ) officially announced the introduction of traditional assets on-chain through its new product "Securitize Stocks," selecting Solana (SOL) as the inaugural network.

This strategic move aims to leverage the characteristics of high-performance public blockchains to provide qualified investors in the United States, the European Union, and other jurisdictions permitting such business with a brand-new asset allocation channel, marking a new phase in the deep integration of traditional finance and Web3 infrastructure.

The market reacted enthusiastically to the news. During Thursday evening's after-hours trading, SECZ shares quickly climbed, rising 9.92% to close at $13.92. The stock had already performed strongly during regular trading hours, closing at $12.66 with an intraday gain of 11.05%.

According to data compiled by Woofun AI, the company currently has a market capitalization of $2.07 billion, with its share price sitting at 63.35% of its 52-week trading range, between a 52-week low of $5.14 and a high of $17.01.

From a technical perspective, the RSI (Relative Strength Index) stands at 54.58, indicating moderate momentum. Over the past 12 months, the stock has accumulated a gain of 16.79%, demonstrating a sustained trend of value reassessment.

In terms of product architecture, the first batch of 12 major U.S. stocks includes Apple (AAPL.US), Microsoft (MSFT.US), Nvidia (NVDA.US), Alphabet (GOOGL.US) (Google's parent company), Tesla (TSLA.US), Meta (META.US) (formerly Facebook), Amazon (AMZN.US), Netflix (NFLX.US), Circle (CRCL.US) Internet Group, Space Exploration Technologies (SPCX.US), Strategy (MSTR.US), and Palantir (PLTR.US) Technologies.

These tokenized assets maintain a strict 1:1 backing relationship with the underlying stocks, ensuring value anchoring, and all transactions are settled in USDC (USDC), enhancing the efficiency and transparency of cross-border payments.

This design not only reduces traditional custody costs but also enables automated compliance checks and dividend distribution through smart contracts, providing institutional investors with more efficient liquidity management tools.

Carlos Domingo, Chairman and CEO of Securitize, pointed out that tokenized stocks should provide investors with more value than traditional products that can only be traded offshore and merely reflect stock prices. This view emphasizes the importance of directly holding equity interests rather than derivatives, aiming to eliminate friction costs and information asymmetry in traditional cross-border investing.

As more mainstream assets move on-chain, such products are expected to reshape the global capital flow landscape, opening up more efficient and transparent investment pathways for qualified investors. For more related information, please click: The Most Investment-Worthy Stock Rankings.

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