GM Markets is a permissionless, wallet-native interface to tokenized stocks, ETFs, commodities, and FX, plus on-chain yield vaults across credit, lending, delta-neutral, market-neutral, looping, and active-trading strategies. Connect any supported wallet to trade or allocate. Tokens stay self-custodial in your wallet at all times.
Securitize and GM Markets serve fundamentally different mandates. Securitize is the platform for issuers who want to tokenize a specific product through a partnership — it doesn't give users open-market exposure to existing public stocks, commodities, FX, or broad investment opportunities. GM Markets is the user-facing interface for that broad exposure: 8,000+ public stocks plus commodities, FX, and yield vaults, permissionless, in one wallet.
Permissionless trading + onchain yield, one wallet.
GM Markets is a permissionless wallet-native interface for 8,000+ tokenized US stocks, ETFs, commodities, and FX, plus a growing set of on-chain yield vaults. ERC-20s with no transfer restrictions; usable in DeFi out of the box.
Permissioned tokenization platform for issuer partnerships
Securitize is the leading permissioned tokenization platform. It works top-down with issuer partners — funds, asset managers, and regulated entities — to tokenize specific products (e.g., BlackRock BUIDL). Tokens carry transfer restrictions and require KYC plus accreditation at the user layer. Distribution is to whitelisted wallets through Securitize-operated venues.
securitize.io ↗| Dimension | GM Markets | Securitize | Edge |
|---|---|---|---|
| Distribution model | User-facing wallet-native interface: anyone connects and trades | Top-down issuer partnerships only: tokenization is per-product, per-issuer, per-deal | GM |
| What you can buy | 8,000+ existing US stocks, ETFs, commodities, FX, plus on-chain yield vaults | Only the specific products an issuer has partnered with Securitize to tokenize (e.g., a fund share) | GM |
| Access model | Permissionless: wallet connect only | KYC and accreditation required at the user layer; whitelisted wallets only | GM |
| Composability with DeFi | ERC-20 with no transfer restrictions; works in Aave, Morpho, Pendle out of the box | Permissioned tokens with transfer restrictions; composability scoped to approved venues | GM |
| Settlement and access | USDC-settled bearer tokens, 24/7 wallet operations on EVM | Whitelisted-wallet, non-bearer tokens; access tied to issuer-approved venues and hours | GM |
| Product depth across chains | Same product (stocks, ETFs, commodities, FX, vaults) on every supported EVM chain | Per-issuer products on a chain the issuer chose; not a unified multi-chain product surface | GM |
| Asset breadth | Public stocks, ETFs, commodities, FX — every market that moves, in one wallet | Whatever specific issuer products are live — typically funds and structured products, not public-equity exposure | GM |
| Yield products | Growing set of vault categories: RWA (private credit, public RWA), DeFi, Trading — same wallet, same UI | Per-issuer fund shares; no general-purpose vault layer | GM |
| Custody | Self-custodial in your wallet; ForDeFi MPC for vault funds | Custody varies by issuer partner; whitelisted-wallet model at the user layer | Even |
| Reporting and trust | On-chain proof of reserves; daily Merkle root; third-party hourly attestations | Issuer-level reporting per partnership (often traditional fund reporting + SOC2) | Even |
| Best for | Anyone who wants permissionless exposure to existing public-market assets and on-chain yield | Institutions partnering with Securitize to tokenize a specific product, and accredited users buying that specific product | Even |
Anyone with a wallet can connect and trade. There is no signup, no account, and no identity collection at the GM Markets layer. Restricted-jurisdiction users are gated at the asset level (geo-blocked rows), not at the user level.
No. Securitize works through top-down issuer partnerships to tokenize specific products (typically fund shares or structured products). It does not provide open-market exposure to individual public-market equities. GM Markets does — thousands of public-market stocks, ETFs, commodities, and FX, all in one wallet.
Yes. Securitize collects KYC and accreditation at the user layer; tokens are issued only to whitelisted wallets. GM Markets is permissionless at the user layer — wallet connect only, no signup or identity collection.
Most carry transfer restrictions enforced at the contract layer, so they only move between pre-approved wallets and venues. GM Markets tokens are standard ERC-20 with no transfer restrictions and work in Aave, Morpho, and Pendle out of the box.
A growing set of vault categories on the same wallet, same UI: RWA vaults (private credit and public RWA sub-categories), DeFi vaults (curator-operated across whitelisted protocols), and Trading vaults (programmable, SMA-style). New vaults are added continuously as curators and issuers come online.
You do. GM Markets is non-custodial. Tokens live in your wallet from deposit to withdrawal. The underlying real-world shares behind tokenized public assets sit at Interactive Brokers and Alpaca via Flo's regulated issuance layer. Vault funds use ForDeFi MPC custody with a published signer quorum.
Permissionless. Wallet connect. No signup. Trade tokenized stocks, commodities, FX, and deposit to onchain yield vaults from one wallet.