Overview
- Securitize, Jump Trading Group and Jupiter launched a full onchain trading stack for tokenized stocks on Tuesday, bringing issuance and secondary trading to Solana in a single regulated setup.
- Securitize runs the compliance layer as an SEC-registered broker-dealer, an alternative trading system that is a licensed private market, a transfer agent, and a KYC-gated wallet system.
- Jump supplies liquidity through its PropAMM automated market maker on Solana, and the firm says it can deliver roughly 1 to 5 basis point spreads that target traditional equity execution quality.
- Jupiter provides the user-facing app and distribution, citing about 43 million active wallets and over $2 trillion in lifetime volume, and recent SEC guidance described by Ledger Insights allows such interfaces to connect without being broker-dealers.
- The design is meant to fit within frameworks like Regulation NMS and builds on Securitize’s recent ties with Computershare and the NYSE, with real issuer adoption and sustained trading volume now the key tests.