A new partnership between Securitize, Jump Trading Group, and Jupiter Exchange aims to introduce regulated onchain equity trading on Solana. The firms are set to bring U.S. tokenized equities on the Solana blockchain.
About Securitize, Jump Trading & Jupiter’s Partnership
The alliance combines Securitize’s regulated infrastructure with liquidity solutions offered via Jump and the user-friendly interface of Jupiter. The firms together are looking to develop a smooth environment in which tokenized equities can be issued, accessed, and traded on-chain.
Also, their key focus is on not violating the current securities laws. Moreover, the system is intended to recreate some of the main features of traditional market structure on Solana. This involves broker-dealer services, alternative trading system, transfer, and agent capabilities.
In addition, they’ll roll out identity-linked wallets to provide compliance and ownership verification. Moreover, it’s worth noting that the announcement coincided with Solana price increasing 1.31% to $85.19 on Tuesday, May 5.
Executive Comments On Scalability & Liquidity Propositions
Securitize CEO Carlos Doming stressed how scalability has changed in tokenized markets. He said “Tokenization has reached a point where the question is no longer whether assets can be issued onchain, but whether they can trade at scale in a way that meets the standards of public markets.”
Doming also added that the partnership aims to show how it is possible to offer liquidity, access, and compliance within the current regulatory frameworks.
Jump’s PropAMM, which runs on Solana, will provide the necessary liquidated. The company said that its infrastructure allows the firm to spread its prices tighter and with superior price discovery than the traditional venues.
“Across billions in monthly volume, PropAMMs on Solana are already beating centralized exchange execution on nearly every fill,” a Jump spokesperson noted.
In the meantime, Jupiter serves as the primary access layer. It will provide a familiar decentralized finance interface that users can discover and trade tokenized equities. The idea is to fill the institutional quality backend systems with retail friendly frontends.
Meanwhile, firms like Bullish have ramped up tokenization initiatives.
Source: https://coingape.com/securitize-partners-jupiter-jump-trading-to-launch-us-tokenized-equities-on-solana/
