Tokenization infrastructure firm Securitize is set to begin trading on the New York Stock Exchange next week after finalizing a merger with Cantor Equity Partners II, a deal expected to provide approximately $400 million in gross proceeds. The company announced that less than 30% of CEPT shareholders chose to redeem their shares, leaving over 71% of the SPAC trust intact. Combined with an oversubscribed $225 million private investment in public equity (PIPE), the merger will close on July 1, with shares trading under the ticker SECZ starting July 2.
Securitize co-founder and CEO Carlos Domingo highlighted the shift in institutional sentiment: “When we started more than eight years ago, the idea that major institutions would embrace tokenized securities was still largely theoretical. Today, tokenization is moving into the mainstream.” The firm, which tokenizes real-world assets on blockchain, counts BlackRock, Apollo, KKR, Hamilton Lane, and VanEck among its clients. BlackRock’s BUIDL fund, tokenized by Securitize, has grown to nearly $3.1 billion.
The broader tokenized asset market has surpassed $30 billion in value (excluding stablecoins), with projections from Boston Consulting Group and Ripple estimating the sector could reach $18.9 trillion by 2033. Data from The Block covering 15 leading tokenization protocols shows roughly $22.5 billion currently locked, down from a peak of $24 billion in mid-April. Earlier in June, Benchmark analysts reiterated a Buy rating on Securitize with a $16 price target, citing the firm’s regulatory licenses across the U.S. and Europe as a competitive moat.
Securitize’s public listing underscores how large financial institutions increasingly view blockchain technology as core market infrastructure rather than a speculative niche. The company has previously collaborated with the NYSE on tokenized securities initiatives, further cementing its role in bridging traditional finance and digital assets.
