- The Warmup by Kaizen
- Posts
- Securitize Lists Real Stocks On Solana
Securitize Lists Real Stocks On Solana
PLUS: Bitcoin Hits $80,400, Then Bounces
Welcome back to The Warmup.
Citrini sat out crypto for years, then published its first basket the week bitcoin tagged $80,400, and you are still deciding whether to buy.
Here’s what we’re watching:
Market Snapshot
Securitize Lists Real Stocks On Solana
LIT Sellers Exhausted
Bitcoin Hits $80,400, Then Bounces
Market: Bitcoin is leading the bounce, ether is keeping pace, and Solana is the laggard. Stocks are modestly green, gold is the firmer bid, and the VIX slipped.
Securitize Lists Real Stocks On Solana
What’s going on:
Securitize launched tokenized U.S. stocks on Thursday, starting with Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, and Amazon. Circle, Strategy, SpaceX, and Palantir are expected to come next.
Each token represents a real share held through Securitize’s regulated brokerage. Holders are meant to receive dividends and corporate-action rights, while trades settle in USDC on Solana. Trading currently runs during extended U.S. market hours, with 24/7 trading on the roadmap.
Tokenized stocks have already surpassed $3 billion in onchain value, and Securitize has helped drive that growth.
What it means:
You can now hold a token linked to an actual Nvidia share in your crypto wallet, with the rights to its dividends. That’s a different deal from simply buying a token that tracks Nvidia’s price.
Solana gets another source of trading volume, while liquidity providers like Jump and Jupiter get a new market to work with. Securitize handles the shares and the brokerage side.
There are still a few catches. The launch relies on a temporary SEC exemption, trading isn’t fully 24/7 yet, and not every company will want its shares tokenized.
For now, watch two things: whether dividends actually reach token holders and whether there’s enough liquidity to sell without taking a haircut. The idea is promising, but the first few weeks will tell us how well it works in practice.
LIT Sellers Exhausted
What’s going on:
LIT is basing near $3.69 after the slide from about $5.60 last month, up 2.2% on the day. Price sits under the falling 20-day at $4.25 and above the rising 100-day at $3.22.
The drop followed a quiet Robinhood summit, which matters because the Lighter thesis leans on that perps integration.
Key levels we’re watching:
Support: $3.50 → today’s low and the shelf of this base, with the 100-day at $3.22 underneath
Resistance: $4.10 → top of the post-breakdown range, then the 20-day at $4.25
Breakout target: $4.25+ if price reclaims the 20-day and the range high
Breakdown risk: A close below $3.50 weakens the base, and a close under $3.22 invalidates it
Directional Bias: Cautiously bullish
Sellers look tired, and the daily is green while price holds this base. Bulls still need to reclaim $4.10 before the bounce looks like more than a pause.
Until then, LIT is stuck between about $3.50 and $4.10, with the 20-day overhead.
Bitcoin Hits $80,400, Then Bounces
What's going on:
Bitcoin dropped to $80,400 on Thursday, its lowest level in roughly three weeks, as Fed minutes pointed to further rate hikes and oil prices climbed on fresh Iran tensions.
The sell-off wiped out nearly $1 billion in crypto positions, mostly leveraged longs. Ether took an even bigger hit relative to its size, with $356 million in liquidations compared to $298 million for Bitcoin.
By Friday morning, BTC had bounced toward $82,500 after Trump ruled out striking Iran before the November 3 midterms. ETH was still lagging around $2,490.
What it means:
Leverage got caught on the wrong side of the move. Rate fears and rising oil prices triggered the sell-off, and forced liquidations made it worse.
The bounce still lacks a strong ETF bid. Bitcoin ETFs saw $485 million in outflows on Wednesday, their biggest daily withdrawal since late June, while Ethereum ETFs recorded seven consecutive sessions of outflows.
Trump's comments eased geopolitical fears, but they don't change the Fed's outlook. If you're looking to buy the dip, don't confuse a relief rally with a trend reversal. The next headline could send prices right back down.
 | HYPE: |
 | ZEC: |
 | SOL: |
Would you hold Apple as a token if the real share sits at a brokerage? |
Thursday had everything needed to shake out crypto traders. Bitcoin hit $80,400, nearly $1 billion in leveraged positions got liquidated, and the Fed still looks set on another rate hike before year-end. Oil stayed elevated on Iran tensions, while spot Bitcoin ETFs saw their biggest daily outflow since late June.
Friday’s bounce came from Trump ruling out a strike on Iran before the November 3 midterms. Bitcoin climbed toward $82,500, but ETH lagged. That’s a relief rally driven by headlines, not necessarily fresh demand.
Meanwhile, two developments worth watching have little to do with today’s price action.
Securitize launched tokenized Apple and Nvidia shares on Solana, backed 1:1 by real stock and carrying dividend rights. Samsung is also preparing to let millions of U.S. users send USDC directly from their phones without a separate crypto app.
Markets can reverse on a single headline. Infrastructure takes longer to build, but it can outlast the noise.
If you’re building your first crypto position, leave room for another test of $80,000. And before getting excited about tokenized stocks or mobile payments, wait to see how they work in practice.
— The Warmup Team
Always do your own research. This newsletter is supplemental material to help educate readers as they make their own decisions. Projects mentioned here are provided to give a potential early-mover advantage.