As Securitize approaches the New York Stock Exchange, foreign media reports that the management of the monetization platform is pointing the value of real world assets to a more specific traditional business: United States equity coupons. Brett Redfearn, the director of the company, argued that if the securities were held in chain form, investors would have more direct control over the assets and that part of the proceeds originally occupied by the issuer could be redistributed.

On the eve of the market, we'll talk about the use of tokenization.

According to the media, Securitize plans to start trading on Thursday at the NYU with code SECZ. As a monetized service provider supported by Belet, Securitize has been involved in several chain securities issuance projects in recent years and is considered one of the representative companies that pushed RWA to the mainstream market.

RedFearn was head of the US SEC trade and market department and joined Securitize in April this year. In his interview, he stated that monetization should not be understood only as a new tool on Wall Street, but could also bring some of the ability of the encryption industry to mediate to ordinary investors.

The proceeds of the loan are allocated to focus

He cited stock lending as a common business for retailers. The platform lends the shares held by its clients to empty people and earns income from them. Under the current model, however, investors usually receive only a portion of the proceeds, while the issuer retains a higher proportion.

  • Robinhood retains about 85% of the relevant income.
  • I'll give you 50% of the loanable income.

Redfearn argues that such operations “are fully retrofitted”. In his view, if securities were digitized over the chain, there would be opportunities for greater transparency in the processes surrounding the debit, settlement and use of assets, and the profit space of traditional intermediaries could also be reduced.

DeFi, can you connect to chain securities?

However, it is also mentioned that Securitize cannot do this alone. Redfearn acknowledges that DeFi's real contribution to the company's subsequent growth will still depend to a large extent on the ability of external developers to create viable products around monetized securities.

The article also mentions that Robinwood expects to publish new products on Wednesday. Compass Point Analyst Ed Engel had previously reported that a monetized stock compatible with DeFi could be one of these directions. Robinwood has tested similar products among European clients last year.

If this direction continues, competition for tokenized securities will no longer be confined to the issue chain, but will further extend to more specific business scenarios such as coupons, distribution of proceeds and chain-based financial services.