Securitize launched tokenised versions of its shares on the Solana and Avalanche blockchains as it listed on the New York Stock Exchange.

Cointelegraph reported on Thursday that this was the first time a newly listed company had released tokenised shares on its debut day.

Securitize began trading on the NYSE under the ticker SECZ. It listed through a merger with a Cantor Fitzgerald-backed special purpose acquisition company. On its first day of trading, it also launched tokenised versions of its shares on Solana and Avalanche, and said it would make them available to qualified U.S. investors through its platform.

Securitize said the shares are not synthetic tokens or offshore products routed through other channels, but are tokenised versions of the same common stock traded on the NYSE, carried out under the issuer's lead. It said tokenised securities can also be issued and accessed within existing U.S. securities laws and market structure. Users must complete registration procedures, eligibility screening, know-your-customer checks and anti-money-laundering reviews.

Carlos Domingo (카를로스 도밍고), Securitize's co-founder and chief executive, said tokenising its public shares on the first day of trading shows the possibility of moving listed-company shares on-chain. He said SECZ is issuer-led tokenisation of the same common stock, provided through regulated infrastructure.

The U.S. Securities and Exchange Commission in January clarified that issuer-led tokenised securities are also subject to U.S. securities laws. In mid-May, it was ready to announce an exemption for trading tokenised shares, but delayed the plan later that month after exchange officials raised concerns about implementation.