Securitize will tokenize shares of Nasdaq-listed Currenc Group, enabling 24/7 trading and fractional ownership of public equities. The move expands the scope of tokenized securities into live listed companies rather than private market instruments.
The initiative will allow Currenc’s ordinary shares to trade continuously and integrate with decentralized finance (DeFi) protocols and algorithmic strategies. Securitize announced the partnership on Wednesday, marking Currenc as its first issuer engagement since being selected by the New York Stock Exchange to support a tokenized securities platform.
Can Tokenized Equities Move Beyond Custodial Wrappers?
The development reflects growing competition between tokenization models that differ in legal structure and market access. Many existing onchain equities operate as custodial representations of underlying shares, limiting direct ownership rights. By comparison, newer approaches aim to issue fully registered securities onchain with embedded voting rights and dividend entitlements.
Securitize has played a central role in this transition. The firm has originated approximately 70% of the U.S. tokenization market, including BlackRock’s BUIDL fund, and previously supported the onchain issuance of Exodus shares in 2024. Rival platforms such as SuperState’s Opening Bell have also gained traction, offering SEC-registered tokenized equities across networks like Solana and Ethereum.
“This is about more than putting shares on a blockchain,” said Carlos Domingo, CEO of Securitize.
He added that the goal is to enable equities to move globally, trade more efficiently, and integrate with emerging financial infrastructure. The company has also explored direct issuance models that could allow native onchain shares without reliance on custodial intermediaries.
Currenc, which focuses on cross-border payments and AI-driven enterprise tools, is simultaneously pursuing a proposed reverse merger with Animoca Brands. The tokenization effort positions the firm within a broader shift toward programmable capital markets and continuous trading cycles.
Attention now turns to regulatory treatment and market adoption of tokenized public equities. The next catalyst will be whether exchange-backed platforms and transfer agent frameworks can support compliant, large-scale issuance of onchain shares.
