LFJ.gg(@LFJ_gg):What are you buying when you by an RWA onchain? The vast majority of tokenized stocks are wrappers. In essence, an issuer buys the real share, holds it with a custodian, and sells a token that tracks its price. But there is one exception: @Securitize, the firm that tokenizes funds like BlackRock's BUIDL issued their NYSE-listed shares (ticker $SECZ) directly onchain. Native issuance on Avalanche and Solana for this ticker means owning the token is owning the share itself. This will kickstart a new path for RWA's onchain.

2026.10.28 13:44

What are you buying when you by an RWA onchain? The vast majority of tokenized stocks are wrappers. In essence, an issuer buys the real share, holds it with a custodian, and sells a token that tracks its price. But there is one exception: @Securitize, the firm that tokenizes funds like BlackRock's BUIDL issued their NYSE-listed shares (ticker $SECZ) directly onchain. Native issuance on Avalanche and Solana for this ticker means owning the token is owning the share itself. This will kickstart a new path for RWA's onchain.