finance
Tokenization firm lists on NYSE after SPAC merger raises over $400 million
Securitize began trading on the New York Stock Exchange under ticker SECZ. The company raised more than $400 million through its SPAC merger and has tokenized nearly $300 million of its shares on Solana and Avalanche.
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The company has tokenized nearly $300 million worth of its SECZ shares on the Solana and Avalanche blockchains.
Tokenized shares on public blockchains The chief executive stated that the tokenized shares demonstrate that tokenized equities can operate within U.S. markets. The listing marks the first time the firm’s shares are available to public investors through a traditional exchange while also existing in tokenized form on blockchain networks.
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