3 weeks ago
The BlackRock-backed tokenization specializer expects to adjacent its SPAC merger adjacent week and commencement trading connected the NYSE, pending shareholder approval.
Updated Jun 26, 2026, 5:36 p.m. Published Jun 26, 2026, 3:04 p.m.
Securitize CEO Carlos Domingo (Securitize)- Securitize expects to rise astir $400 cardinal arsenic it targeting a nationalist debut via a merger with a Cantor Fitzgerald-backed SPAC.
- The deal, slated to adjacent July 1 pending shareholder approval, would database the combined institution connected the New York Stock Exchange nether the ticker SECZ.
- Securitize’s determination comes arsenic tokenization of real-world assets has grown into a much than $30 cardinal market, with projections that it could scope $18.9 trillion by 2033.
Securitize, 1 of the largest providers of tokenization infrastructure for Wall Street, expects to rise astir $400 cardinal arsenic it prepares to spell nationalist done a merger with a Cantor Fitzgerald-backed peculiar intent acquisition company.
The institution said Friday that, pursuing lower-than-expected shareholder redemptions, the concern operation with Cantor Equity Partners II (CEPT) is expected to make astir $400 cardinal successful gross proceeds, including backstage concern successful backstage equity (PIPE) financing.
CEPT was 8% higher pursuing the news.
The transaction is scheduled to adjacent connected July 1, pending shareholder support connected June 29 and different customary closing conditions. The combined institution is expected to statesman trading connected the New York Stock Exchange the pursuing time nether the ticker SECZ.
Tokenization — the process of representing assets specified arsenic funds, bonds and backstage recognition connected blockchain networks — has go 1 of Wall Street's fastest-growing integer plus initiatives. The marketplace for tokenized real-world assets has grown to much than $30 cardinal excluding stablecoins, according to rwa.xyz, portion Boston Consulting Group and Ripple task it could scope $18.9 trillion by 2033.
Securitize, backed by ample plus managers similar BlackRock and Ark Invest, has emerged arsenic a cardinal infrastructure supplier successful the fast-growing tokenization market, helping plus managers including Apollo, KKR, Hamilton Lane and VanEck contented blockchain-based versions of accepted concern products. The steadfast is besides helping the New York Stock Exchange physique its tokenized securities level earlier this year.
"When we started much than 8 years ago, the thought that large institutions would clasp tokenized securities was inactive mostly theoretical," CEO Carlos Domingo said successful a statement. "Today, tokenization is moving into the mainstream."
Read more: Securitize and tZERO clash implicit patents arsenic contention to bring Wall Street onchain heats up
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
US equities connected crypto rails: entree is easy, on-chain composability is the existent test. Only Binance and Backpack present some - and lone Binance astatine scale.
US equities connected crypto rails: entree is easy, on-chain composability is the existent test. Only Binance and Backpack present some - and lone Binance astatine scale.
Why it matters:
US equities connected crypto rails: entree is easy, on-chain composability is the existent test. Only Binance and Backpack present some - and lone Binance astatine scale.
English (US) 