Securitize

Securitize is a regulated company that turns funds, stocks and other securities into tokens on public blockchains. It owns a transfer agent, a broker-dealer and a fund administrator, all registered in the U.S. So one firm can issue a token, keep the legal record of who owns it, and run the trading. It is best known as the platform behind BlackRock's BUIDL fund. Founded in 2017, it has traded on the New York Stock Exchange as SECZ since July 2026. In October 2026 it launched Securitize Stocks, tokens for U.S. shares that trade on Solana. That month, Securitize said Solana was now its largest network.

What does Securitize do? How the tokenization platform works

Securitize sells the back office a fund manager needs to put a security on a blockchain. Its firms cover each step:

• Securitize, LLC is a transfer agent registered with the SEC. It keeps the official list of owners, and that list lives onchain.
• Securitize Markets is a broker-dealer and FINRA member. It runs a trading system for buying, selling and redeeming tokens.
• Securitize Fund Services runs the books for funds. It had 663 active funds at the end of June 2026, per its Q2 2026 results.

When a manager brings a fund, Securitize checks each investor's identity and status. It keeps the cap table and mints tokens that are legal ownership stakes. It then handles transfers, payouts and reports.

In the second quarter of 2026, FINRA let Securitize Markets hold tokenized securities for clients inside a normal broker-dealer, The Block reported. It can also underwrite token offerings and settle trades against stablecoins onchain. In October 2026 Securitize said it would mint and redeem stablecoins directly with Anchorage Digital's bank, which is federally chartered. The deal did not name the stablecoin or the chain (Unchained).

Securitize and BlackRock: the BUIDL fund

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) launched in March 2024. It was BlackRock's first token fund on a public blockchain. Securitize keeps its share register, mints its tokens and signs up its investors. BUIDL passed $1 billion within a year. By late 2025 it ran on eight chains, Solana among them, and Binance took it as collateral for institutional trading.

The two firms are tied in other ways. BlackRock led Securitize's $47 million funding round in May 2024. Hamilton Lane, ParaFi Capital, Tradeweb, Aptos Labs, Circle and Paxos also put money in (Crowdfund Insider). BUIDL also backs other products: as of August 31, 2026, nearly all of the reserves behind USDtb, the stablecoin Anchorage issues with Ethena USDe$0.999+0.1%, sat in BUIDL.

BUIDL is not for retail buyers. Only qualified purchasers can join, and the minimum is $5 million.

Securitize Stocks: tokenized Apple, Nvidia and Tesla on Solana

Securitize Stocks went live on Solana on October 8, 2026. The first 12 names are Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, Amazon, Netflix, Circle, SpaceX, Strategy and Palantir. Each token is backed by one real share. Securitize says the shares are never lent out.

In law, each token is a "security entitlement" under UCC Article 8. That is the same claim you hold on shares in a normal brokerage account. Holders get dividends, and votes where the share class allows, per the launch release. They are not on the company's own share register. If a company later puts its own shares onchain, holders can convert into direct ownership. None of the first 12 has done so.

Trades run through Securitize Markets on a Solana pool where a pro firm sets the prices. Jump Trading is that firm, and trades settle in USDC. Trading began in extended U.S. market hours, with round-the-clock trading as the goal. Verified buyers in the U.S., the EU and other allowed countries can trade.

Some parts are still plans. The NYSE's 24/7 digital venue and OKXICE, a venue from OKX xBTC$75,769.74-0.3% and ICE, expect to list the tokens once they open. Ripple Prime plans to support them, and Securitize names Aave lending as a future use. The release gave no fees or minimums. Jupiter JUP$0.242-2.6% was named as a partner when The Block first reported the plan in May 2026, but it was missing from the October launch.

Securitize on Solana: STAC, VBILL and other tokenized funds

Solana has carried several of Securitize's biggest launches:

• VanEck's VBILL, a U.S. Treasury fund, launched in May 2025 on Solana, Avalanche, BNB Chain and Ethereum. The Solana minimum is $100,000, against $1 million on Ethereum (The Block). Wormhole W$0.011-7.4% moves the tokens between chains.
• The Securitize Tokenized AAA CLO Fund (STAC) came to Solana in June 2026. It holds top-rated slices of U.S. loan pools, with BNY as custodian. Ethena pledged $250 million.
• On its first trading day, Securitize put about $295 million of its own SECZ shares onchain on Solana and Avalanche.
• In August 2026, Currenc Capital teamed up with Securitize to help listed firms put their own shares on Solana and Ethereum.

Not every product lands on Solana. ARK's Venture Fund (ARKVX) went live in September 2026 on Ethereum, with a $500 minimum. Other clients include Apollo, KKR and Hamilton Lane.

Securitize stock (SECZ): IPO, ownership and tokenized shares

Securitize went public on July 2, 2026. It merged with Cantor Equity Partners II, a SPAC, and listed on the NYSE as SECZ. Public shareholders now own it. You can buy SECZ through any broker that offers NYSE stocks. Verified investors can also hold the token version on Solana.

For its second quarter of 2026, Securitize reported revenue of $14.4 million, down 5% on a year earlier. It lost $21.7 million. It ended June with about $350 million in cash and no debt. Assets on the platform stood at $4.3 billion on June 30.

How to invest through Securitize: access, KYC and minimums

Every Securitize token goes through its sign-up checks. You prove who you are and pass money-laundering screens. Private funds also ask you to prove you are an accredited or qualified investor. Approved wallets go on an allow-list, and only those wallets can buy, redeem or move the tokens. No one can mint them freely.

Minimums depend on the product. ARKVX starts at $500, VBILL on Solana at $100,000 and BUIDL at $5 million. Securitize Stocks had no stated minimum at launch.

Who Securitize is for

Securitize suits two groups. The first is fund managers and public companies that want to issue real securities onchain, with a U.S. transfer agent and broker behind them. The second is verified investors who want those tokens on Solana and can pass each product's checks.

It does not suit anyone who wants anonymous DeFi. Tokens move only between approved wallets, and many funds take only wealthy or professional investors. Traders who want to plug tokens into DeFi apps today will find little: lending against Securitize Stocks is a plan, not a live feature.

Is Securitize safe? Risks and limitations

Securitize's main safeguard is regulation. Its transfer agent and broker-dealer are registered with the SEC, and the broker is a FINRA and SIPC member. As a listed company, it files audited accounts. The cost is central control:

• The tokens are permissioned. The issuer can freeze, block or reissue them. QuillAudits, a security firm, warned that Solana's token controls for securities, such as a freeze key, are single points of failure. One stolen key could hit every holder of a token at once.
• Holders of Securitize Stocks own a claim through Securitize's broker, not shares in their own name. That claim relies on Securitize's custody and clearing chain, with RQD Clearing in support.
• Trading depends on one venue and one market maker, in limited hours, until the NYSE and OKXICE venues open.
• The company is not yet profitable. It lost $21.7 million in Q2 2026, and revenue fell.

We found no public report of a hack or lost investor funds at Securitize. Our records list no Solana program addresses for it, so we could not check who can upgrade its programs.

Securitize vs Ondo, xStocks and other alternatives

Securitize is mainly a platform. Other managers bring their funds to it, and it keeps the register, runs the trading system and holds the custody approval. Ondo USDY$1.150.0% mostly builds its own branded products, such as its OUSG and USDY Treasury tokens and Ondo Global Markets for stocks. It also leans harder into DeFi.

For stock tokens on Solana, the closest rivals are xStocks AAPLx$343.36-0.6%, which already offered all 12 Securitize Stocks names at launch, Backpack Securities and Ondo. Securitize offers a U.S. broker-dealer, one real share per token with no lending, and a route to direct ownership. The cost is tighter access: ID checks, country limits and fewer DeFi links so far.

Securitize history and team

Securitize was founded in 2017. Carlos Domingo is chief executive, Brett Redfearn is president and Chongwu Du is chief strategy officer. The firm showed its Wormhole link-up and Solana plans at Breakpoint 2024. It went on to issue BUIDL, VBILL and STAC tokens. In March 2026 it signed a deal with the NYSE that named it the first digital transfer agent able to mint shares on the exchange's planned token platform. In October 2026 it signed a similar pact with LG CNS to work on token assets in South Korea.