Tokenized SECZ (Securitize Corp. common stock, issuer-tokenized on Avalanche and Solana)
Solana: can freeze a holder, pause transfers, claw back, gate who may hold, mint. A single key can claw back tokens and pause transfers.
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The verdict is on the memo: Tokenized SECZ (Securitize Corp. common stock) Not approved
Eligibility
Each answer quotes the issuer’s own words from the document named under it. Ketju reads each document again and records whether the words are still there. Where the documents say nothing, the row states that.
- What the holder owns
The token is Securitize Corp.’s common stock itself in token form: the same class, with no wrapper.
“On Closing Date, we enabled Tokenized SECZ, a natively tokenized version of our common stock. Tokenized SECZ is not a separate share class.”
Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · Risk Factors, ”The tokenization of our common stock may introduce risks” · words found 2026-10-18
- Who may hold it
Only holders who pass the onboarding of Securitize Markets, a US broker-dealer; the launch release says eligible US investors.
“Access to Tokenized SECZ is restricted to holders who meet the onboarding requirements of Securities Markets, LLC, a SEC registered and FINRA member broker dealer.”
Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · Risk Factors, ”The tokenization of our common stock may introduce risks” · words found 2026-10-18
- First purchase minimum
No minimum is stated for the token form.
Not stated in Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848), Securitize: Tokenizing SECZ, Securitize brings its own public stock onchain at listing day (PR Newswire, 2 July 2026).
- Account types
The filings and the launch release do not say which account types may hold the token form.
Not stated in Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848), Securitize: Tokenizing SECZ, Securitize brings its own public stock onchain at listing day (PR Newswire, 2 July 2026).
- Who it may be transferred to
Only wallets Securitize has screened and approved may receive tokens; the contracts enforce it.
“Only customer wallets that have been subject to and approved by Securitize’s customer screening requirements are able to transfer assets to the Securitize platform or receive tokenized assets from the Securitize platform.”
Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · Risk Factors, Securitize platform security · words found 2026-10-18
- How a holder redeems
There is no redemption; a holder switches the token back to ordinary shares and sells on the NYSE.
“While holders of SECZ may elect to switch between tokenized SECZ and nontokenized SECZ”
Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · Risk Factors, ”The tokenization of our common stock may introduce risks” · words found 2026-10-18
- Who keeps the official record
Continental Stock Transfer & Trust Company is the transfer agent for the common stock; the filings do not say the chain is the record.
“The Transfer Agent for the Securitize Common Stock is Continental Stock Transfer & Trust Company.”
Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · Description of Securities, Transfer Agent · words found 2026-10-18
- What the issuer says it can freeze or take back
Securitize’s contracts can seize or burn tokens; on chain one key owns the Avalanche contract and one key can move any Solana balance.
“While Securitize’s smart contracts provide mechanisms to seize or burn tokens to remediate these situations”
Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · Risk Factors, token issuance errors · words found 2026-10-18
| Fact | Answer |
|---|---|
| Who onboards the holder | broker dealer |
| Voting rights | Yes |
| Distributions | cash |
| SIPC coverage of the wallet | No |
The transfer agent’s SEC record
A transfer agent registers with the SEC on Form TA-1 and reports each year on Form TA-2: how many securityholder accounts it keeps and for how many issues it keeps the master securityholder file, the list that says who owns each share.
| Agent | SEC file | TA-2 period | Accounts | Issues with master file | Work it hires out |
|---|---|---|---|---|---|
| CONTINENTAL STOCK TRANSFER & TRUST CO /TA | 084-00034 | 2025-12-31 | 2,193,906 | 4,389 | None |
Who controls it
Ketju read these powers from the deployed contracts and their verified source code: the token and every contract it checks on a transfer. A power listed here is something the issuer can do; it does not mean the issuer has used it.
| Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|
| Avalanche | Yes | Yes | Yes | Yes | Yes | A single key can freeze a holder. |
| Solana | Yes | Yes | Yes | Yes | No | A single key can claw back tokens and pause transfers. |
Who holds the keys
Ketju read every current holder of each power from the chain on 2026-09-23. A single key is one private key, and whoever holds it acts alone. A multisig needs the stated number of signers. A timelock delays every action, so holders can see it before it takes effect.
| Chain | Key | What it can do | Held by | Address |
|---|---|---|---|---|
| Avalanche | Owner | grant and revoke these powers | a single key | 0x59c1…76ee |
| Avalanche | Wallet registrar owner | freeze a holder, decide who may hold, grant and revoke these powers | a single key | 0xf3aa…27d9 |
| Solana | Mint authority | mint new tokens | an account only a program can sign for | 8Twere…PbQs |
| Solana | Freeze authority | freeze a holder | an account only a program can sign for | 8Twere…PbQs |
| Solana | Permanent delegate | claw back tokens | a single key | D2kGPF…6jCS |
| Solana | Pause authority | pause transfers | a single key | D2kGPF…6jCS |
Avalanche: 12 contract reads, 6 functions in verified source, 2026-09-23
- eip1967.implementation=0x18295407744efa5c3fed0318c1f37abe8a5e2d45
- owner()=0x59c1eacec450c57dcb9b8725d0f96635c2b676ee
- isPaused()=false
- getDSService(BLACKLIST_MANAGER)=0x8ad03cd02657329b08f3e580fcc75dfe4b8d4fda
- getDSService(COMPLIANCE_CONFIGURATION_SERVICE)=0x2bec25b3e0c898a3a2f562c5edad597c87bbdf4a
- getDSService(COMPLIANCE_SERVICE)=0x8dfe0a9a2dc3d1b46f6c6187199a782c794829b4
- getDSService(LOCK_MANAGER)=0x82833d4101146e5df9f9d3fcafc398e76ef6c595
- getDSService(REGISTRY_SERVICE)=0x5eb94f7071e9fe147967f98008dce2d7c7f0cf4a
- getDSService(TRANSACTION_RELAYER)=0xcb4f0db40d2293e36aa3f1be53e88919afca4a0d
- getDSService(TRUST_SERVICE)=0xed5c7b8a4072ec280cdfa6456695678d125f18fd
- getDSService(WALLET_MANAGER)=0xfee871d884ad05c24eaabdda5a7ee12b7c762d28
- getDSService(WALLET_REGISTRAR)=0xb8d797eeb2da4863545fa4a51aff103947453fc8
- preTransferCheck in verified source 0x1829…2d45
- lockInvestor in verified source 0x4ebc…f2b8
- isPaused in verified source 0x1829…2d45
- burn in verified source 0x1829…2d45
- issueTokens in verified source 0x1829…2d45
- upgradeToAndCall in verified source 0x1829…2d45
Solana: 4 contract reads, 0 functions in verified source, 2026-09-23
- mintAuthority=8TwererfKZwiBfKQs2bQmVRrezqeFG3JvrVsbpGaPbQs
- freezeAuthority=8TwererfKZwiBfKQs2bQmVRrezqeFG3JvrVsbpGaPbQs
- permanentDelegate=D2kGPFTyGSeeTSCA1kEzKZNrdMvYKPLdZtrmAnnK6jCS
- defaultAccountState=frozen
Where it trades
| Venue | Kind |
|---|---|
| Securitize Markets, LLC (onboarding and trading of the token form) | issuer primary |
| New York Stock Exchange (the ordinary shares) | exchange |
| On-chain liquidity on Solana | dex |
No Tokenized Securities Venue lists this token. Secondary trading, if any, is outside the exemption.
Redemption
| Route | Settlement | Settles in |
|---|---|---|
| Redeem in kind | No redemption: the token is the share. A holder may switch between token form and ordinary form through Securitize and sell the ordinary shares on the NYSE; the filings give no steps, timing, or fee. | USD |
| Secondary market only; no issuer redemption | Onboarded holders trade the token through Securitize (USDC swap contracts listed in its catalog) and on Solana through on-chain liquidity providers; only screened wallets may receive it. | USDC |
- The Avalanche owner 0x59c1eacec450c57dcb9b8725d0f96635c2b676ee or the Solana permanent delegate D2kGPFTyGSeeTSCA1kEzKZNrdMvYKPLdZtrmAnnK6jCS changes, or either seizes or burns a holder’s tokens
- The Avalanche proxy points at a new implementation, or a DS service (compliance, lock manager, registry) moves
- Securitize publishes access terms for the token form: a minimum, an account-type rule, or excluded states
- The transfer agent changes, or Securitize Transfer Agent becomes the record keeper for token-form shares
- Business-combination lock-ups on Avalanche expire and locked tokens move
- Tokenized SECZ launches on another chain
Daily checks
Every day Ketju reads each control function in the table above and the contracts the token checks on a transfer. Ketju compares the token’s on-chain supply with yesterday’s, and its market quote with yesterday’s quote. Ketju also reads every document quoted above and reviews the file again if a quoted passage disappears from its document. Ketju reads EDGAR for the transfer agent’s registration and reviews the file again when a new filing appears. Ketju counts a new, removed, or changed key as a change only when the chain’s own log shows the grant, revocation, or signer change since yesterday. If the log does not show it, Ketju updates the key list in this file and does nothing more. A change opens a review before any client action. Subscribers get an email that names each of their clients who hold the token, with the household result.
File history
Ketju has not revised this file since filing it. If Ketju revises it, the earlier version stays as published, with the reason.
| Date | Change |
|---|---|
| 2026-09-23 | Filed. |
Sources
- Securitize Corp. (Securitize Holdings) prospectus, Form 424(b)(3), filed 7 August 2026 (Registration No. 333-297848) · primary · accessed 2026-09-23
Supports: Tokenized SECZ is a natively tokenized version of the common stock, not a separate class, access restricted to Securitize Markets onboarding, only screened wallets may receive tokens, switch between tokenized and nontokenized SECZ, Solana trading via liquidity partners; Avalanche lock-ups, Continental Stock Transfer is transfer agent, smart contracts can seize or burn tokens, one vote per share; no dividends expected, listed on the NYSE - Securitize: Tokenizing SECZ, Securitize brings its own public stock onchain at listing day (PR Newswire, 2 July 2026) · primary · accessed 2026-09-23
Supports: not a synthetic token or offshore wrapper, eligible investors in the United States, onboarding, KYC/AML, jurisdictional eligibility, Avalanche and Solana - Securitize instant-trading stock catalog (JSON) · primary · accessed 2026-09-23
Supports: SECZ token addresses on Avalanche and Solana, transfer agent Continental, ISIN US81517B1017, CUSIP 81517B101, USDC swap and redeem contracts - Securitize token metadata for the Solana mint · primary · accessed 2026-09-23
Supports: Solana mint metadata points to Securitize’s domain - Securitize Corp. Schedule 13D (CUSIP) · primary · accessed 2026-09-23
Supports: CUSIP 81517B101 - DS token implementation on Avalanche (Sourcify exact match) · primary · accessed 2026-09-23
Supports: seize, burn, pause, issueTokens, upgradeToAndCall, preTransferCheck against the compliance service