Securitize Debuts on NYSE at $12.45, Launches Tokenized Shares on Solana and Avalanche

According to The Block, Securitize (SECZ) began trading on the New York Stock Exchange on Thursday, opening at $12.45 and closing at $12.30 after hitting a midday high of $13.70. The tokenization platform simultaneously launched tokenized versions of full SECZ shares on Solana and Avalanche, enabling 24/7 trading and broader global access to the stock.

Securitize President Brett Redfearn told The Block the company is in advanced conversations with major investment banks about distributing IPO allocations to crypto investors in tokenized form through wallets like MetaMask and OKX. "The conversation isn't theoretical. It's operational," Redfearn said, predicting such offerings could materialize within three to six months.