Securitize added 13 more U.S. equities to its on-chain stock product on November 2, lifting the lineup to 25 names on Solana roughly a month after the first 12 went live. The new names are the story: Exxon Mobil, Johnson & Johnson, Merck, Lockheed Martin, Salesforce, Walt Disney, Uber, GameStop, Arista Networks, Flex, Lumentum, Seagate Technology and Texas Instruments. The original basket leaned toward large technology and communications companies. This one reaches into energy, healthcare, defense and consumer businesses, and that changes what the product is for.
From a growth bet to a broad-market tool
The first wave read as a bet on mega-cap technology: Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, Amazon and Netflix, plus MicroStrategy, Palantir, Circle and a tokenized SpaceX vehicle. Adding defensive sectors such as healthcare and energy alongside cyclical names like GameStop and Uber makes the menu look less like a speculative growth list and more like a diversified portfolio an investor could actually hold. The count rises more than 100% in under a month, but the composition shift is the more durable signal.
What “1:1 backing” actually means
Securitize is explicit that these tokens are not synthetic price wrappers. Each is backed one-for-one by an underlying share and structured as a security entitlement under Article 8 of the Uniform Commercial Code, preserving dividends and, where the class carries them, voting rights. The company also states that shares backing the tokens are not lent out. Both points matter in the failure cases. A synthetic product that only tracks a price holds no claim on the share, so its holder carries the collateral or credit risk of whoever issued the wrapper. An entitlement sits inside the ordinary securities-intermediation chain of brokers, custodians and transfer agents.
The regulatory fork
Secondary trading runs through Securitize Markets, an SEC-registered broker-dealer and FINRA/SIPC member, under existing securities law. The company stresses that the offering does not rely on the SEC’s Innovation Exemption. That is a deliberate contrast with the Tokenized Securities Venue track, where OKXICE depends on that exemption and has already drawn issuer objections. Choosing the broker-dealer path trades listing speed for legal certainty, and the 25-stock expansion is a bet that certainty wins with institutions.
The mechanics are also concrete. Trading settles in USDC through the broker-dealer, with liquidity infrastructure supported by Jump Trading, and the product currently trades beyond standard market hours as it moves toward round-the-clock availability. The expansion lands on a platform that reported roughly $5 billion in tokenized assets as of September 30, 2026, and that runs regulated digital-securities infrastructure in both the U.S. and the EU.
What is still on the roadmap
The release is equally clear about what has not happened. Trading on the planned 24/7 New York Stock Exchange digital venue and on OKXICE remains subject to launch and approval. The companies whose shares underlie the tokens have not sponsored, endorsed or issued them, and no new shares are created. Conversion to direct share ownership through the convertible entitlement token applies only if an issuer later adopts its own tokenization. For an investor, the useful checks are concrete: whether a token represents a share or a price, whether the underlying shares are lent out, and which regulated entity actually settles the trade.
Adapted from Securitize Expands Onchain U.S. Stock Offering to 25 Equities on Solana.