Securitize Hits the NYSE
A massive bridge between Wall Street and crypto just opened! Securitize goes public on the NYSE with tokenized shares, and Ondo brings major stocks to the blockchain. 🚀
What the video says
Securitize has achieved a seismic breakthrough by becoming the first company to launch tokenized shares concurrently with its major stock market debut. The asset tokenization giant began trading on the New York Stock Exchange under the ticker SECZ, closing its first session at $12.30.
This unprecedented listing followed a completed business combination with Cantor Equity Partners II just a day prior. The step change in bridging traditional finance and blockchain is accelerating, as Ondo Finance also launches tokenized versions of BlackRock's S&P 500 ETF and Micron stock.
This next-generation launch marks the first time US-listed securities have been tokenized on a public blockchain, without direct issuer involvement. These cutting-edge developments arrive as Bitcoin surges back above $60,000, showing a 2.7% increase.
A market upturn is further boosted by Bitcoin ETF flows turning green for the first time in over 10 days. While Fidelity's product saw positive inflows of $166 million, BlackRock's iBit was the lone fund in the red with $40 million in outflows.
