Securitize targets $400 million raise ahead of NYSE listing via SPAC merger

Securitize targets $400 million raise ahead of NYSE listing via SPAC merger
Securitize eyes $400M NYSE debut

As institutional adoption of blockchain-based securities accelerates, Securitize is approaching a public market debut through its merger with Cantor Equity Partners II. The BlackRock-backed company expects the deal to deliver about $400 million in gross proceeds and plans to begin trading on the New York Stock Exchange under the ticker SECZ, subject to shareholder approval.

Highlights

  • Securitize projects raising approximately $400 million in gross proceeds—including PIPE financing—following fewer-than-expected shareholder redemptions ahead of its NYSE listing via SPAC merger with Cantor Equity Partners II.
  • Shareholders will vote on the merger on June 29, with the deal set to close July 1 and SECZ shares to begin trading on the NYSE the following day.
  • CEPT shares rose 8% after the news, as Securitize advances its role in the $30 billion tokenized real-world asset market and secures backing from BlackRock and Ark Invest.

Merger timetable and funding outlook

Securitize says the expected proceeds increase follows lower-than-anticipated shareholder redemptions in its planned combination with Cantor Equity Partners II, as reported by CoinDesk. The company says the merger is expected to generate roughly $400 million in gross proceeds, including private investment in private equity, or PIPE, financing.

Shareholders are due to vote on the transaction on June 29, and the deal is scheduled to close on July 1 if customary conditions are met. The combined company is then expected to start trading on the New York Stock Exchange the following day under the ticker SECZ.

CEPT shares are 8% higher following the announcement, reflecting investor reaction as the tokenization specialist moves closer to becoming a listed company.

Tokenization market growth and Wall Street role

Tokenization, which puts assets such as funds, bonds and private credit onto blockchain networks, has become one of Wall Street's fastest-growing digital asset initiatives. 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 has built its position as an infrastructure provider for asset managers including Apollo, KKR, Hamilton Lane and VanEck, helping them issue blockchain-based versions of traditional investment products. The firm is also helping the New York Stock Exchange build its tokenized securities platform earlier this year.

Chief Executive Carlos Domingo says in a statement that tokenized securities were once largely theoretical for major institutions but are now moving into the mainstream. Backing from investors including BlackRock and Ark Invest has helped place the company near the center of the sector's expansion.

Polymarket’s surge in prediction-market trading highlighted how rising U.S. access and a more favorable regulatory environment can quickly accelerate growth for crypto-linked platforms. Our earlier article noted that sports-driven volume, including FIFA World Cup activity, helped push Polymarket’s annualized revenue above $1 billion, while its U.S. operation expanded after federal investigations were dropped and the exchange operated under CFTC regulation.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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