Securitize to List on NYSE Under Ticker SECZ
2026-07-01 16:37
Odaily Odaily: Securitize shares are expected to begin trading on the New York Stock Exchange on Thursday under the ticker symbol SECZ. Securitize is a tokenization company backed by BlackRock, which has assisted companies like BlackRock in issuing securities on-chain.
Securitize President Brett Redfearn stated that bringing real-world assets on-chain allows investors to control assets in digital form and reduces intermediaries in traditional businesses. Using stock lending as an example, he noted that Robinhood currently retains approximately 85% of the related revenue, while Charles Schwab splits the revenue evenly with users.
Redfearn believes that DeFi can offer investors in the tokenized securities ecosystem more ways to utilize assets, but such growth also depends on development by external builders. Robinhood is expected to launch a new product on Wednesday; previously, Compass Point analyst Ed Engel suggested that it may include tokenized stocks compatible with DeFi.
Securitize President Brett Redfearn stated that bringing real-world assets on-chain allows investors to control assets in digital form and reduces intermediaries in traditional businesses. Using stock lending as an example, he noted that Robinhood currently retains approximately 85% of the related revenue, while Charles Schwab splits the revenue evenly with users.
Redfearn believes that DeFi can offer investors in the tokenized securities ecosystem more ways to utilize assets, but such growth also depends on development by external builders. Robinhood is expected to launch a new product on Wednesday; previously, Compass Point analyst Ed Engel suggested that it may include tokenized stocks compatible with DeFi.
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