Securitize doubles its tokenized stock lineup to 25 on Solana

Securitize added 13 US equities to its tokenized stock platform on November 2, doubling the lineup to 25 names in under four weeks. The first batch of 12 launched October 8. The company says roughly $5 billion of tokenized assets sit on its platform as of September 30, 2026, and the equities product is now its fastest-growing thing by list-count, which is a different kind of growth signal than the treasury funds business it made its name on.

The new names matter more than the count. The October launch was megacap central: Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, Amazon, Netflix, MicroStrategy, Palantir, Coinbase, plus SpaceX (the SPCX token). The November additions go old economy: ExxonMobil, Johnson & Johnson, Merck, Lockheed Martin, Texas Instruments, Salesforce, Disney, Uber, Arista Networks, Flex, GameStop and Lumentum. Crypto-native demand does not need ExxonMobil. That list is aimed at the investor who wants an S&P-style basket with weekend liquidity, and at issuers watching how fast a regulated, non-issuer-sponsored equity product can scale under existing securities rules.

The mechanics per the announcement: tokens trade on Solana, settle in USDC, with liquidity infrastructure from Jump Trading. Trading is available beyond traditional US market hours now, with 24/7 availability planned but undated. Each token is backed 1:1 by an underlying share held in custody, represents a security entitlement under UCC Article 8, and carries dividends plus voting rights where the underlying class has them. The shares are not lent out, a point Securitize repeats because securities lending in tokenized equity products has been the loudest criticism of the category.

The structure is the pitch

Two structural choices deserve attention, because they are where Securitize is trying to out-position both exchanges and DeFi wrappers.

First, the offering runs through Securitize Markets, an SEC-registered broker-dealer and FINRA/SIPC member, under existing US securities law. The company stresses it does not need the SEC's Innovation Exemption. That is a deliberate contrast with venues that leaned on the exemption to launch tokenized stock products, and with offshore exchanges whose US access has always been a legal gray zone. EU clients hold through Securitize Europe Brokerage and Markets under Spanish law.

Second, the tokens are convertible entitlement tokens (CETs). If a company ever adopts issuer-sponsored tokenization, a holder can convert the security entitlement into actual shares recorded on the issuer's register, through Securitize's transfer agent partnerships. Today's holders are not registered shareholders of ExxonMobil; they hold entitlements. The CET structure is a hedge against the scenario where issuers tokenize their own stock on their own terms, which is the scenario most issuer-side objections assume. And issuers have not blessed any of this. The press release states it directly: the companies whose shares underlie Securitize Stocks have not sponsored, endorsed or issued these tokens, and no new shares are created.

Carlos Domingo, Securitize's chairman and CEO, put the ambition plainly: "Our vision is to make U.S. equities available to investors globally, with the same rights and protections they expect from traditional markets."

Where the demand came from

The expansion speed tells you Securitize saw enough activity in the first batch to double it before the second wave of competitors settled in. The demand base for tokenized equities is real and mostly retail: as this site reported in late October, roughly 5.3 million wallets held tokenized stocks by October 23, making up 82.9% of all RWA holders, and tokenized stocks punched far above their supply share in trading volume, around 93% of August's onchain spot turnover per Dune data. Most of that volume historically sat in Binance's bStocks and xStocks products, which are price-exposure instruments, not entitlement-backed shares.

That is the competitive line worth watching. Securitize Stocks are heavier: KYC/AML onboarding, jurisdiction gating (US, EU and other permitted markets), a registered broker-dealer in the trade path. In exchange for the friction, the holder gets a claim with dividends, voting, no rehypothecation, and a conversion path. Whether the entitlement structure wins over cheap exposure depends on how much the marginal tokenized-stock buyer cares about holding the thing itself. For weekend traders chasing Nvidia earnings moves, the answer is probably not much. For the investor segment that stopped using US brokers entirely because of onboarding walls, it may be everything.

Two venues loom over all of it. The release says Securitize Stocks are expected to trade on the 24/7 digital venue NYSE is developing, subject to that venue launching, and are designed to be compatible with tokenized securities venues (TSVs) including the upcoming OKXICE venue contemplated by the SEC's Innovation Exemption. Both venues are unlaunched, and issuer objections to unauthorized tokenized listings have been the running fight there, as covered in our October piece on the SEC's TSV FAQ. Securitize is building supply for marketplaces that do not exist yet while serving the Solana market that does.

The count went 12 to 25 in 25 days. Next signals: the 24/7 trading date, whether any of the 25 issuers publicly objects, and the first volume disclosure for the second batch. Securitize has reported none yet.