another big day for tokenization as @Securitize finally launches tokenized U.S. stocks that is available for trading within the U.S perimeters. would be nice to highlight a few things here. - these new tokenized stocks by securitize barring $SECZ are not issuer sponsored but security entitlements per the NY UCC article 8. - suprisingly, @Backpack issues similar tokenized stocks that are security entitlements but are not available for trading within the U.S. here is why. > backpack's restriction is not caused by the security entitlement itself, but by the platform's integrated crypto native capabilities. U.S. regulations do not allow a single consumer account to seamlessly blend traditional equities with unregulated crypto and high-risk derivatives which they do. under SEC rule 15c3-3, U.S. broker dealers must keep customer securities strictly separated from the firm's own business capital and other volatile asset classes. here is what securitize did differently to beat this. > @Securitize designed its convertible entitlement token (CET) model to blend perfectly into existing U.S. regulatory frameworks rather than fighting them. They achieved U.S. compliance by building a native, ring-fenced financial stack. > secondary market trading for securitize stocks goes strictly through Securitize Markets, LLC, which is an SEC-registered Broker-Dealer and Alternative Trading System (ATS). > securitize does not let U.S. retail users use stocks as cross-margin for crypto perps. securitize stocks function strictly as spot tokenized equity with the tokens architected to support onchain lending utility via @aave (coming soon). They successfully maintained the segregation needed per SEC rules. > also, they record ownership via their own SEC-registered digital transfer agent stack. This ensures the blockchain serves as a compliant secondary ledger while keeping the master ownership file aligned with traditional regulatory expectations. > right now, you can trade $AAPL, $AMZN, $CRCL, $GOOGL, $META, $MSFT, $MSTR, $NFLX, $NVDA, $PLTR, $SPCX, and $TSLA 24/5 with 24/7 trading coming soon. the fact that they were the first to execute this after all the back and forth shows that it's no simple work to do. also, do not forget that these stocks carry real dividend and voting rights. like they say over at their hq, tokenize the f*king world!