Securitize's AVAX Blockchain RWA Market Cap Surges to $770 Million

Tokenization platform Securitize (NYSE ticker: SECZ) has seen its tokenized real-world assets (RWA) market capitalization on the Avalanche (AVAX) blockchain surge to $770 million, according to CryptoBriefing. This represents a 628.4% increase from prior figures. As a result, Securitize has become the largest issuer of tokenized assets on Avalanche, now accounting for nearly half of the entire AVAX RWA market cap, which is approaching an all-time high of approximately $1.7 billion. Earlier this year, Securitize completed a $400 million SPAC merger to list on the New York Stock Exchange (NYSE), and has previously tokenized $295 million worth of its shares through Solana (SOL) and Avalanche.