Securitize

Securitize is the dominant regulated infrastructure layer for tokenized real-world assets. Founded in 2017 under the tagline "Bringing the World On-Chain," the firm has built the compliance stack that institutional asset managers need to issue, manage, and trade blockchain-based securities — and Solana has become one of its primary distribution rails.

What Securitize Does

Securitize operates through a set of regulated subsidiaries that collectively span the full lifecycle of a tokenized security. Securitize, LLC is an SEC-registered transfer agent, meaning it can maintain the official ownership record for a security on a distributed ledger — a designation that underpins every token it issues. Securitize Markets is an SEC-registered broker-dealer and alternative trading system (ATS), enabling investors to subscribe to and trade tokenized securities within a regulatory framework. The company also provides fund administration services for digital-asset-focused funds, giving asset managers a single counterparty for issuance, record-keeping, and secondary liquidity.

When an institution wants to put a fund, a portfolio of loans, or its own equity on-chain, Securitize handles the compliance scaffolding: KYC and AML verification, investor accreditation checks, cap-table management, and the minting of tokens that represent legally valid ownership stakes. The same platform then supports secondary transfers, corporate actions, and regulatory reporting.

The BlackRock BUIDL Benchmark

The defining mandate that established Securitize as the category leader was BlackRock's USD Institutional Digital Liquidity Fund, known as BUIDL. Launched in March 2024, BUIDL was BlackRock's first tokenized fund issued on a public blockchain, and Securitize served as its transfer agent, managing both the official share register and the on-chain token supply. The fund crossed $1 billion in assets under management within its first year. By late 2025, BUIDL had expanded to eight blockchains — Arbitrum, Aptos, Avalanche, BNB Chain, Ethereum, Optimism, Polygon, and Solana — with Securitize minting and managing tokens on each. BUIDL's acceptance as collateral for institutional trading on Binance in late 2025 marked a further milestone: tokenized Treasuries becoming a recognized settlement asset on a major exchange.

The BUIDL relationship opened the door to a roster of marquee clients. Apollo, KKR, Hamilton Lane, and VanEck all use Securitize for fund tokenization, covering credit strategies, private equity, and alternative asset vehicles. By October 2025 the platform reported more than $4 billion in assets under management across its tokenized securities, up from roughly $200 million in early 2023 — a compound annual growth rate of approximately 350%.

Solana as a Core Distribution Layer

Securitize has made Solana a recurring home for its largest launches. In June 2026, it expanded the Securitize Tokenised AAA CLO Fund (STAC) to Solana. STAC invests in U.S. dollar-denominated AAA-rated collateralized loan obligation tranches sourced from primary and secondary markets, with BNY serving as custodian and sub-adviser through BNY Investments. Ethena Labs committed to a $250 million allocation to the fund, one of the largest single commitments to tokenized structured credit on Solana. The fund charges no management fee in its early phase, and subscription is open to eligible institutional and accredited investors through Securitize's onboarding portal.

A month before the STAC expansion, Securitize announced a partnership with Jump Trading and Jupiter to enable regulated on-chain trading of tokenized equities on Solana. The arrangement combines Securitize's regulatory infrastructure with Jump's liquidity provisioning and Jupiter's aggregation and distribution layer, creating a pathway for tokenized stocks to move within Solana's DeFi ecosystem while remaining within a compliance perimeter.

NYSE Partnership and Public Listing

In March 2026, the New York Stock Exchange and Securitize signed a memorandum of understanding to develop tokenized securities markets together. Securitize was named the first digital transfer agent eligible to mint blockchain-native securities for corporate and ETF issuers on NYSE's forthcoming tokenized securities platform — an arrangement that would put Securitize at the center of traditional equity markets' transition to blockchain-based settlement.

The company itself went public on July 2, 2026, listing on the NYSE under the ticker SECZ via a SPAC merger with Cantor Equity Partners II. On the day of its listing, Securitize took the additional step of tokenizing approximately $295 million of its own common shares on Solana and Avalanche — making it the first newly public company to issue tokenized versions of its own NYSE-listed stock on the day of trading. CEO Carlos Domingo described the move as a demonstration of the model: companies that want to issue real shares on-chain can do so directly through Securitize's regulated platform rather than through third-party synthetic structures. The stock opened with a 10% gain on its debut.

How Access Works

Investors reach Securitize-issued tokens exclusively through the company's regulated onboarding flow. The process requires identity verification, AML screening, and, for accredited investment vehicles, confirmation of investor status. Once cleared, investors receive tokens to a compliant digital wallet and can subscribe, redeem, or transfer within the constraints of the applicable securities offering. There are no open permissionless mints; every token corresponds to a legal ownership interest that Securitize records on its SEC-registered transfer agent books.

This architecture — compliance-first, institution-grade, blockchain-agnostic at the distribution layer — is what distinguishes Securitize from DeFi-native tokenization experiments. The firm is not building a protocol; it is building the regulated back-office infrastructure that makes blockchain-based securities acceptable to institutional capital allocators and their regulators.

Market Context

Industry analysts project tokenized securities could reach $5.5 trillion by 2030 (Citi) or $18.9 trillion by 2033 (Boston Consulting Group and Ripple). Whether or not those figures prove accurate, the directional trend is clear: the largest asset managers are moving real financial products onto public blockchains, and Securitize has positioned itself as the regulated infrastructure they reach for first. Solana's throughput, settlement finality, and growing institutional presence have made it a natural deployment target for the firm's most consequential launches.