Securitize entered the stock market and almost immediately took another step toward blockchain. On July 2, the company began trading on the New York Stock Exchange, and its shares simultaneously appeared in tokenized form on the Solana network.
Almost at the same time, changes occurred in the Solana network’s governance system. Validators received an official voting mechanism where a participant’s influence depends on the amount of staked coins.
The market reacted to the news fairly calmly but positively. Over the week, SOL gained more than 19%.
Securitize Bets on Shares on the Blockchain
The company completed a merger with Cantor Equity Partners II and began trading under the ticker SECZ. For Securitize this is not just a stock market debut, but an opportunity to show how traditional securities can exist on the blockchain.
The company’s head, Carlos Domingo, has long promoted the idea of moving public markets on-chain. According to him, shares will gradually become digital assets available on blockchain networks.
According to RWA.xyz, on the first day, the volume of tokenized SECZ shares was about $295 million.
The company specifically noted that these are real exchange-traded shares. This is not a derivative instrument or a synthetic asset, but a digital representation of securities traded on the NYSE.
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The right to purchase such assets has so far been granted only to certain categories of American investors who have completed the identification procedure.
Over the past seven days, the price of SOL has risen by nearly 20%. Source: CoinMarketCap.
Solana Changes Governance Rules
Starting July 1, the Solana Foundation launched a new decision-making system called Solana Governance Proposals.
Now, major validators holding at least 100,000 SOL in staking can independently submit initiatives for discussion.
At the same time, developers will continue to be responsible for the network’s technical updates. The new mechanism mainly concerns issues of the ecosystem’s strategic development.
The change also affected delegators. Now they do not have to automatically follow their validator’s vote and can make their own decisions if necessary.
Both stories clearly show the current course of Solana. On one hand, the network is trying to attract companies working with tokenized assets. On the other, it is gradually building a more mature governance model. How successful this strategy will be will become clearer once the market shows real interest in tokenized SECZ shares.
