Key Takeaways:
- Securitize expects $400 million in gross proceeds from SPAC merger
- Combined company to list on NYSE under ticker SECZ on July 2
- Tokenization market has grown to $30 billion, projected to reach $18.9 trillion
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Securitize to raise $400 million in SPAC merger ahead of NYSE debut
Securitize, the BlackRock-backed tokenization infrastructure provider, expects to raise about $400 million through a SPAC merger with Cantor Equity Partners II, the companies said Friday.
"Reaching the public markets is a significant milestone for Securitize and a reflection of the growing momentum behind tokenization," Carlos Domingo, co-founder and chief executive officer of Securitize, said in a statement.
Fewer than 30% of CEPT Class A shareholders elected to redeem their shares, allowing the combined company to retain 71.5% of the SPAC trust. The gross proceeds include related PIPE financings and exclude transaction expenses. CEPT shares rose 8% following the announcement. The transaction is scheduled to close July 1, pending shareholder approval on June 29, with the combined company expected to begin trading on the New York Stock Exchange the following day under the ticker SECZ.
Securitize currently tokenizes more than $4 billion in real-world assets for asset managers including BlackRock, Apollo, KKR, Hamilton Lane and VanEck. The market for tokenized real-world assets has grown to more than $30 billion excluding stablecoins, according to rwa.xyz, while Boston Consulting Group and Ripple project it could reach $18.9 trillion by 2033. Securitize is also helping the New York Stock Exchange build its tokenized securities platform.
The company, recognized as a 2026 Forbes Top 50 Fintech, operates regulated digital-securities infrastructure across both the U.S. and Europe through its SEC-registered broker-dealer, transfer agent and EU-licensed investment firm affiliates. It is the only company licensed to operate regulated digital-securities infrastructure in both jurisdictions.
Citigroup Global Markets Inc. served as financial and capital markets advisor to Securitize, while Cantor Fitzgerald & Co. advised CEPT. Davis Polk & Wardwell LLP provided legal counsel to Securitize, with Hughes Hubbard & Reed LLP advising CEPT and Skadden, Arps, Slate, Meagher & Flom LLP representing the placement agents.
The successful public listing of a major tokenization infrastructure provider signals growing institutional acceptance of blockchain-based asset issuance. Securitize's NYSE debut could encourage more traditional asset managers to explore tokenized fund structures, potentially accelerating the migration of private credit, real estate and other alternative assets onto blockchain networks.
This article is for informational purposes only and does not constitute investment advice.
[1] BlackRock-backed Securitize to raise $400 million nearing public debut; CEPT jumps 8%[2] Securitize and Cantor Equity Partners II Business Combination Expected to Raise Approximately $400 million in Gross Proceeds and Announce Expected Closing of Business ...[3] Cantor Equity Partners II and Securitize expect $400M gross proceeds from merger[4] Securitize SPAC Deal Secures $400M Ahead of Planned NYSE Debut - Blockonomi
