September 25, 03:42
Securitize shares jump more than 15% as SEC opens tokenization pathway
Securitize Stock Surges 15% as SEC's Tokenization Exemption Turns RWA Theory Into Trading Reality
Beincrypto
Securitize shares jumped more than 15% Friday as the SEC opened a legal pathway for tokenized stock trading. The shares traded at $16.53. Shares rose 77% over the past five trading days. Shares rose 158% over the past month. On September 17, the SEC issued a five-year Innovation Exemption. The exemption lets tokenized securities venues operate without registering as exchanges. It also frees certain liquidity providers from registering as dealers when they supply tokenized stock to automated market maker pools. SEC Chair Paul Atkins framed the exemption as a temporary bridge. Atkins said the exemption permits trading in a permissioned environment while the commission considers additional action to facilitate onchain trading. A January statement from the SEC and the Commodity Futures Trading Commission classified tokenized securities. The statement said tokenization changes a security's form rather than its legal status. Securitize went public on the New York Stock Exchange in July through a merger with Cantor Equity Partners II. Securitize tokenized $295 million of its own SECZ shares on Solana and Avalanche on the same day. That became the largest issuer-sponsored tokenized stock launch on record. Securitize's six-month return was near 50%. Its year-to-date return was near 50%. Its one-year return was near 50%. Regulatory clarity removes one obstacle for tokenization platforms. Regulatory clarity does not guarantee investor demand. The business is still working toward consistent profitability. Whether the rally holds may depend on those factors.
This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.