By Sam Daodu
Publication Date: 2026-10-09 18:00:00
Securitize just put Apple, Nvidia, and Tesla shares on a blockchain, and the network they chose surprised a lot of people. The reasoning behind that choice reveals something important about what tokenized stocks actually need to succeed.
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Securitize (NYSE:SECZ) made waves by launching tokenized stocks on Solana (CRYPTO:SOL), starting with 12 U.S. companies. Among these are well-known names like Apple (NASDAQ:AAPL | AAPL Price Prediction), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA), along with Microsoft, Amazon, Strategy, and SpaceX. Each token is backed 1:1 by one share, and after the announcement, Securitize’s stock surged over 10%.
Securitize also tokenizes assets on Ethereum (CRYPTO:ETH), so choosing a network was a significant decision. Interestingly, despite the buzz around the launch, SOL did not see a surge; the token was trading at $110 on October 9, reflecting a 4% drop in 24 hours and a 9.6% drop over the week. This raises the question: why did Securitize choose Solana, and what does this mean for SOL holders?
Each Securitize Token Is a Legal Claim on a Broker-Held Share
Securitize Markets, a FINRA-registered broker, holds each share through its custody partner. The Solana token represents the buyer’s legal claim to that share, like a coat-check ticket: the broker holds the share, and…
