Securitize to Launch First Fully Onchain Trading Platform for Real Public Stocks in Early 2026
Securitize announced on December 17, 2025, that it will offer the first fully onchain trading platform for real public stocks in early 2026. The platform features shares issued and recorded on the issuer's cap table, providing full legal ownership along with dividends and voting rights, all under self-custody. Transfers of shares are permissioned to whitelisted wallets and cannot be rehypothecated by intermediaries. Trading operates via a swap-style decentralized finance (DeFi)-like interface but is backed by an SEC-registered broker-dealer and transfer agent. During U.S. market hours, prices mirror major exchanges and trades must match the National Best Bid and Offer (NBBO), while outside regular hours an automated market maker sets prices. This initiative aims to blur the lines between traditional markets and Web3 infrastructure, distinguishing itself from synthetic tokens or IOUs. Securitize builds upon prior work such as Exodus (EXOD), which previously issued stock natively onchain in late 2024. Initially, the platform will support only select stocks, with plans to scale toward becoming a standard for tokenized public equity.
