Securitize brings US stock entitlements onchain with defined trading and wallet controls

Securitize launched Securitize Stocks on 8 October, bringing US equity entitlements onto Solana with USDC settlement. Jump Trading provides liquidity through a proprietary automated market maker, connecting the securities structure to blockchain-based trading.[1]

The catalogue includes familiar companies such as Apple, Microsoft and Nvidia. It labels their tokens as convertible entitlement tokens, or CETs, while separately identifying Securitize’s own issuer-sponsored token. The product pages also identify Securitize Markets LLC as the US securities service provider and Securitize Europe Brokerage and Markets, S.V., S.A. as the EU entity.[2][3]

What the investor owns

Securitize says CETs have one-for-one share backing, dividends and applicable voting rights, with no lending of the backing shares. Holders own Article 8 security entitlements rather than issuer-registered shares until an available conversion occurs. The underlying companies have not sponsored the offering.[1]

The distinction is grounded in how intermediated securities are held. New York’s Article 8 provisions describe an entitlement arising when an intermediary credits or accepts a financial asset for a customer’s securities account. They separately distinguish direct holdings registered in the investor’s own name. Section 8-503 gives entitlement holders a proportionate property interest in the relevant assets held by the intermediary, subject to the statute’s qualifications. This framework makes the intermediary’s records and obligations part of the ownership arrangement.[6][7]

Computershare’s April agreement with Securitize describes issuer-sponsored tokens as another form of share ownership alongside direct registration. The transfer agent continues to maintain the issuer’s share register and service corporate actions. That offers a possible route from an intermediated entitlement to issuer-sponsored ownership, but it depends on the company implementing the arrangement; a token’s convertibility label alone cannot make that happen.[5]

Fees, execution and access are specified

The product FAQ gives trading hours of 4:00am to 5:30pm Eastern Time. It describes market orders referenced to the national best offer for purchases and national best bid for sales, with a fixed 0.10% price-protection band. An order outside the permitted band is rejected. This band controls execution-price movement; it is separate from the platform’s 0.10% fee, charged in USDC and including execution gas.[4]

Customers need an approved account and a third-party self-custody wallet that Securitize has whitelisted. The FAQ says securities transfers can occur only between whitelisted wallets on the platform. Holding a token in a personal wallet therefore does not make it freely transferable to every blockchain address.[4]

For an execution desk, the price band makes order rejection a meaningful outcome during a fast move. For a distributor, wallet approval becomes part of onboarding and asset movement. Those operating constraints define the service alongside its blockchain settlement: the trading interface, intermediary records and permitted receiving address all have to remain aligned.[4][6]

Distribution can widen in stages

Trading starts with extended hours; continuous availability is planned. Proposed NYSE ATS and OKXICE distribution depends on venue and regulatory steps, making those prospective connections later channels rather than present access.[1]

The current product is already specific enough to compare with conventional brokerage on execution rules, explicit charges and transfer permissions. Its longer-term development depends on two different sources of adoption: investors using the entitlement-based market, and issuers choosing to put their own registered shares into tokenized form. Success in one does not automatically deliver the other.[4][5]

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