Securitize, a leading tokenization platform backed by BlackRock, Morgan Stanley, Coinbase, and Circle, is set to go public on the New York Stock Exchange under the ticker SECZ on July 2, following a merger with special purpose acquisition company Cantor Equity Partners II. The company expects to raise approximately $400 million in gross proceeds, including a PIPE financing, after fewer than 30% of SPAC shareholders opted to redeem their shares.
The market debut marks a major milestone for the tokenization industry, reflecting accelerating institutional demand for blockchain-based securities. Shares of Cantor Equity Partners II rose 7% on Friday and extended gains after hours, signaling positive sentiment. If approved at the Monday shareholder vote and all conditions are met, the deal closes July 1.
Securitize CEO Carlos Domingo called the listing a "significant milestone" and noted that tokenized securities are moving from theory to mainstream finance. The firm, which provides infrastructure for over 650 funds and oversees more than $4 billion in tokenized assets, recently expanded its Tokenized AAA CLO Fund (STAC) to the Solana blockchain, with Ethena Labs planning to allocate $250 million to the fund. This highlights growing DeFi integration of real-world assets.
Meanwhile, BlackRock deepened its relationship with Securitize by filing a second tokenized fund with the SEC after its BUIDL fund reached $2.3 billion in assets. The NYSE itself partnered with Securitize for a planned tokenized securities platform. Amid the momentum, Securitize is also defending against a patent infringement claim from tZERO, which it calls “without merit.”
The listing underscores a broader trend: Standard Chartered recently forecast tokenized assets used in DeFi could hit $2.7 trillion by 2030. Securitize’s public debut may accelerate that trajectory.
