Securitize (SECZ) shares jumped more than 15% Friday, extending a sharp recovery just as the U.S. Securities and Exchange Commission (SEC) opened a new legal pathway for tokenized stock trading.
The company, which builds infrastructure for real-world asset (RWA) tokenization and serves as transfer agent for BlackRock’s tokenized BUIDL fund, a blockchain-based money market fund, traded at $16.53. Shares are up 77% over the past five trading days and 158% over the past month.
The Rule Behind the Rally
The exemption follows a stretch of rapid growth for tokenized real-world assets, from funds and private credit to equities represented onchain. On September 17, the SEC issued a five-year Innovation Exemption. It lets tokenized securities venues operate without registering as an exchange.
The exemption also frees certain liquidity providers from registering as dealers. This applies when they supply tokenized stock to automated market maker (AMM) pools.
SEC Chair Paul Atkins framed the exemption as a temporary bridge.
“in a permissioned environment today while the commission considers the need for additional action to facilitate onchain trading”
Paul Atkins, SEC chair, said
The order builds on a January statement from the SEC and the Commodity Futures Trading Commission (CFTC). That statement classified tokenized securities and said tokenization changes a security’s form, not its legal status.
Securitize’s Bet on Onchain Equity
Securitize went public on the New York Stock Exchange (NYSE) in July through a merger with Cantor Equity Partners II. It tokenized $295 million of its own SECZ shares on Solana and Avalanche the same day. That made it the largest issuer-sponsored tokenized stock launch on record.
Securitize’s six-month, year-to-date, and one-year returns all sit near 50%. Its one-month gain alone is 158%, meaning almost the entire year’s advance happened in recent weeks.
Regulatory clarity removes one obstacle for tokenization platforms. However, it does not guarantee investor demand for a business still working toward consistent profitability. Therefore, whether this rally holds may depend on that answer.
Source: BeInCrypto
