Securitize is moving closer to becoming a publicly traded company after securing commitments expected to bring in about $400 million ahead of its planned listing on the New York Stock Exchange.
The company is set to go public through a merger with Cantor Equity Partners II, a special purpose acquisition company (SPAC). According to Securitize, fewer than 30% of Cantor Equity Partners II shareholders chose to redeem their shares, allowing the company to retain a large portion of the capital tied to the deal.
As a result, Securitize expects to receive around $400 million in gross proceeds from the transaction, including funding from private investors, before expenses related to the merger are deducted.
The company has become one of the leading names in the fast-growing tokenization industry, which focuses on bringing traditional financial assets onto blockchain networks. Securitize is backed by major financial and crypto firms, including BlackRock, Morgan Stanley, Coinbase, and Circle.
Investor confidence in the deal has remained strong. Shares of Cantor Equity Partners II rose 7% to $10.86 during Friday’s trading session and continued climbing to $11 in after-hours trading.
Shareholders are scheduled to vote on the merger on Monday. If approved and all remaining conditions are met, the transaction is expected to close on July 1. The combined company is then expected to begin trading on the New York Stock Exchange under the ticker symbol “SECZ” on July 2.
Securitize co-founder and CEO, Carlos Domingo, described the public listing as a major milestone after more than eight years of building the company’s tokenization platform.
He said tokenized securities have moved from being a niche concept to becoming an increasingly important part of mainstream finance as institutional adoption continues to grow.
The listing follows several months of expansion for Securitize.
Recently, the company expanded its Tokenized AAA CLO Fund (STAC) onto the Solana blockchain. The fund invests in highly rated U.S. dollar-denominated collateralized loan obligations and is expected to receive a $250 million allocation from Ethena Labs.
Securitize said the fund is supported by BNY, which serves as custodian of the underlying assets and acts as a sub-adviser through BNY Investments.
The company has also continued strengthening its position in tokenized capital markets. Earlier this year, Securitize partnered with the New York Stock Exchange to support the development of a tokenized securities platform.
Today, the company provides tokenization services for more than 650 investment funds and oversees over $4 billion in tokenized assets.
BlackRock has become one of Securitize’s most important partners. In May, the asset management giant filed a second tokenized fund powered by Securitize after its BUIDL fund grew to approximately $2.3 billion in assets.
Despite its rapid growth, Securitize is also facing a legal challenge ahead of its public debut.
The company recently asked a U.S. federal court in Delaware to confirm that its products do not infringe patents owned by tZERO. The dispute began after tZERO sent a cease-and-desist letter alleging that Securitize was using technology covered by its patents.
Securitize has rejected the claims, calling them without merit, while tZERO maintains that the patents cover important technology related to compliance systems, investor verification, and tokenized market infrastructure.
Looking ahead, the broader tokenization industry continues to show strong growth potential. Industry forecasts suggest that tokenized assets used in decentralized finance could reach as much as $2.7 trillion by 2030, highlighting the growing interest from both traditional financial institutions and blockchain companies.
With fresh funding, strong institutional backing, and a planned NYSE debut just days away, Securitize is positioning itself as one of the key players in the future of tokenized finance.
