BlackRock-backed Securitize Gets SEC Approval for NYSE Listing

2 hour ago 4 sources positive

Key takeaways:

  • Securitize’s listing approval reinforces institutional tokenization demand, benefiting Ethereum and RWA-focused tokens.
  • The $30 billion tokenized market tripling signals a structural shift that could reprice crypto assets.
  • Distant 2026 merger limits near-term catalysts, but sets bullish precedent for future crypto IPOs.

Securitize, the tokenization infrastructure firm backed by BlackRock, has cleared a critical regulatory milestone in its path to becoming a publicly traded company. The U.S. Securities and Exchange Commission (SEC) declared effective the S-4 registration statement related to Securitize’s proposed merger with Cantor Equity Partners II (CEPT), a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald.

The approval formally moves the deal to a shareholder vote scheduled for June 29, 2026. If investors back the combination, the transaction is expected to close shortly thereafter, and the merged entity will trade on the New York Stock Exchange under the ticker symbol “SECZ.” Securitize Chief Executive Carlos Domingo stated that the progress supports the firm’s effort to expand tokenization infrastructure globally.

The development comes amid surging institutional interest in real-world asset tokenization. Data from RWA.xyz shows the tokenized asset market has grown past $30 billion, nearly tripling within a year. Projections from Citigroup estimate the market could reach $5.5 trillion by 2030, while a joint study by Boston Consulting Group and Ripple suggests a potential $18.9 trillion by 2033. Major financial players—including BlackRock, Franklin Templeton, JPMorgan Chase, and Fidelity—are increasingly exploring blockchain-based representations of funds, bonds, and private credit.

Securitize has positioned itself as a leading provider in this sector. The firm services roughly 650 funds through its Securitize Fund Services platform and oversees more than $4 billion in tokenized assets. Its high-profile partnerships include a collaboration with BlackRock on the BUIDL fund, a tokenized money market fund launched in 2024 that has become one of the largest tokenized Treasury products. The company also works with Apollo Global Management, KKR, Hamilton Lane, and VanEck, and is helping the New York Stock Exchange develop its tokenized securities platform. Securitize recorded $1.9 billion in transaction volume during the first quarter of the year and raised $47 million in a 2024 funding round led by BlackRock.

Securitize’s progress is notable as several crypto firms, including Kraken and Consensys, have paused their own public-listing plans amid turbulent market conditions.

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