Securitize aims to raise $400 million as tokenization firm nears public debut
CoinDesk 2026-06-26 15:04:44
Context: Securitize, a BlackRock-backed tokenization specialist, is aiming to raise $400 million as it nears a public debut through a merger with a Cantor Fitzgerald-backed special purpose acquisition company. The deal, expected to close on July 1, would list the combined company on the New York Stock Exchange under the ticker SECZ. This move comes as the tokenization of real-world assets has grown into a more than $30 billion market.
Key Facts
- Securitize expects to raise about $400 million in gross proceeds from its business combination with Cantor Equity Partners II, including private investment in private equity financing.
- The tokenization market, which involves representing assets such as funds, bonds, and private credit on blockchain networks, has grown to more than $30 billion, with projections that it could reach $18.9 trillion by 2033.
- Securitize, backed by large asset managers like BlackRock and Ark Invest, has emerged as a key infrastructure provider in the fast-growing tokenization market, helping asset managers issue blockchain-based versions of traditional investment products.
- The company's merger with Cantor Equity Partners II is expected to close on July 1, pending shareholder approval on June 29, and the combined company will begin trading on the New York Stock Exchange under the ticker SECZ.
- Securitize CEO Carlos Domingo stated that when the company started over eight years ago, the idea of major institutions embracing tokenized securities was still largely theoretical, but "today, tokenization is moving into the mainstream."