Securitize, a company specializing in the digital representation of real-world assets (RWA), is set to begin trading on the New York Stock Exchange next week under the ticker SECZ. The listing follows a merger with Cantor Equity Partners II, a special purpose acquisition company (SPAC) backed by Cantor Fitzgerald. Fewer than 30% of the SPAC's ordinary shares were submitted for redemption, accelerating the transaction's closure.
Deal details and fundraising target
Through the merger and related private financings, Securitize expects to raise approximately $400 million. CEO Carlos Domingo noted that institutional adoption of tokenized securities was once largely theoretical but is now entering the mainstream. Going public will boost the company's visibility, credibility, and access to capital.
Assets under management and institutional clients
Securitize has become an infrastructure partner for major institutions including BlackRock, Apollo, BNY Mellon, Hamilton Lane, and KKR. In 2024, BlackRock partnered with Securitize to launch a tokenized money market fund. In March of this year, the company also announced a collaboration with the New York Stock Exchange to build blockchain-based securities systems.
As of June, Securitize reported assets under management exceeding $4 billion. Its largest serviced product as of Friday was BlackRock's tokenized BUIDL fund, valued at $2.4 billion, according to RWA.xyz data.
Regulatory context and market impact
The public listing comes as the U.S. Securities and Exchange Commission (SEC) reviews proposed regulatory exemptions for tokenized shares. Bloomberg reported last month that the SEC delayed planned action due to concerns about third-party issuers. On-chain token issuance could complicate institutional trading and governance obligations.
Carlos Domingo has argued that assets should be natively issued on-chain rather than wrapped in digital layers after issuance, to unlock tokenization's full potential at scale. SEC Chairman Paul Atkins has stated that tokenization can simplify operations and transform financial markets.
These views echo those of BlackRock CEO Larry Fink during the 2022 crypto downturn. Securitize's market debut could reinforce the narrative that tokenization is shifting from a theoretical concept to a transparent, institutional business model.