Securitize Targets $400 Million Raise Ahead of NYSE Debut

Securitize expects to raise about $400 million as it moves toward a public listing through a merger with Cantor Equity Partners II. The tokenization firm’s planned NYSE debut comes as real-world asset tokenization gains traction among major financial institutions.

Securitize Targets $400 Million Raise Ahead of NYSE Debut

What happened?

Securitize expects to raise about $400 million as it moves toward a public listing through a merger with Cantor Equity Partners II. The tokenization firm’s planned NYSE debut comes as real-world asset tokenization gains traction among major financial institutions.

Why it matters

Securitize expects to raise roughly $400 million as it prepares to go public through a merger with Cantor Equity Partners II, a Cantor Fitzgerald-backed SPAC. The company said the expected proceeds include PIPE financing and follow lower-than-expected shareholder redemptions.

Securitize expects to raise roughly $400 million as it prepares to go public through a merger with Cantor Equity Partners II, a Cantor Fitzgerald-backed SPAC. The company said the expected proceeds include PIPE financing and follow lower-than-expected shareholder redemptions.

The development matters because Securitize is one of the better-known infrastructure providers in the market for tokenized real-world assets, a segment that has become a major focus for Wall Street’s digital asset efforts. Tokenization refers to representing traditional assets such as funds, bonds and private credit on blockchain networks.

The transaction is expected to close on July 1, pending shareholder approval on June 29 and other customary closing conditions. If completed, the combined company is set to trade on the New York Stock Exchange under the ticker SECZ.

CoinDesk reported that Cantor Equity Partners II shares rose 8% after the news. The listing would place a BlackRock-backed tokenization company on a major U.S. exchange at a time when institutions are expanding blockchain-based versions of traditional investment products.

Securitize has worked with asset managers including Apollo, KKR, Hamilton Lane and VanEck, and is also helping the New York Stock Exchange build a tokenized securities platform. The broader tokenized real-world asset market has grown to more than $30 billion excluding stablecoins, according to rwa.xyz, while Boston Consulting Group and Ripple have projected it could reach $18.9 trillion by 2033.

Source: CoinDesk

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