Tokenization infrastructure provider Securitize has taken a major step toward becoming a public company by filing a registration statement with the U.S. Securities and Exchange Commission (SEC). The firm plans to go public through a merger with Cantor Equity Partners II (CEPT), a blank-check company backed by financial services giant Cantor Fitzgerald.
The filing revealed explosive financial growth. For the first nine months of 2025, Securitize reported revenue of $55.6 million, representing an 841% increase compared to the same period in 2024. This follows a strong 2024, where full-year revenue reached $18.8 million, more than double the prior year's figure. The company emphasized that this growth stems from accelerated commercial adoption, not accounting adjustments.
Securitize's business focuses on converting traditional financial assets—such as U.S. Treasuries, investment funds, and equity—into blockchain-based tokens. This tokenization infrastructure allows clients to issue, trade, and manage these assets more efficiently while operating within existing regulatory frameworks.
The market reaction on the day of the announcement provided a stark contrast to broader crypto trends. While most crypto-linked stocks and Bitcoin itself saw steep declines of 5-10%, shares of the blank-check company CEPT rose 4.4% late in the trading session, signaling investor confidence in the merger and Securitize's prospects.
The merger deal is not yet finalized and still requires approval from both shareholders and regulators. If cleared, Securitize would begin trading on the Nasdaq stock exchange under the ticker symbol SECZ.
This move comes as the tokenization of real-world assets (RWA) gains significant traction across traditional finance. Major institutions like JPMorgan and BlackRock are increasingly integrating tokenized products into their offerings. A joint report by Boston Consulting Group and Ripple estimates the tokenized asset market could grow to a staggering $18.9 trillion by 2033, highlighting the vast potential of this sector.
