According to ChainCatcher, citing The Block, Benchmark has maintained its “Buy” rating on tokenization infrastructure company Securitize and set a $16 price target. The rating and target are based on Benchmark’s expectation that Securitize will generate about $178 million in revenue in 2027. The company operates in infrastructure tied to tokenized assets, including issuance, trading and regulated market services.
SEC Declares Merger Registration Statement Effective
The U.S. Securities and Exchange Commission has declared effective the registration statement for the proposed merger between Securitize and Cantor Equity Partners II. Shareholders are scheduled to vote on the transaction on June 29. If the merger is approved, the combined company is expected to list on the New York Stock Exchange under the ticker SECZ.
The reported timeline places the transaction at the shareholder approval stage. The key details disclosed in the report include the SEC’s effectiveness declaration for the merger registration statement, the June 29 shareholder vote, and the plan for the merged company to trade on the NYSE using the SECZ symbol.
Regulatory Licenses Span the U.S. and EU
Benchmark’s report said Securitize has a differentiated position because of its compliance licensing structure across the United States and Europe. In the U.S., Securitize is registered as a broker-dealer, an alternative trading system, a transfer agent and a fund services provider. In the European Union, the company holds trading and settlement licenses under the DLT Pilot regulatory framework.
The report also stated that Securitize currently manages about $3.4 billion in tokenized assets. The market segment in which it operates has surpassed $30 billion in size. Benchmark’s rating, price target and 2027 revenue expectation are tied to Securitize’s tokenization infrastructure business, regulatory footprint and current tokenized asset base.