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Securitize, a leading real-world asset (RWA) tokenization company backed by BlackRock, ARK Invest, and Morgan Stanley, is going public on Nasdaq through a merger with a subsidiary of Cantor Fitzgerald, at a pre-money valuation of $1.25 billion.
According to the Tuesday announcement, Securitize will merge with Cantor Equity Partners II, Inc., a blank-check company sponsored by Cantor Fitzgerald, marking a major step toward integrating blockchain into traditional finance.
Carlos Domingo, co-founder and CEO of Securitize, stated that the company was founded “to democratize capital markets, making them more accessible, transparent, and efficient through tokenization.”
He added that the next phase is to “ensure that financial markets operate at the speed of the internet.”
Howard Lutnick, chairman and CEO of Cantor Fitzgerald (and current U.S. Secretary of Commerce), who also heads Cantor Equity Partners II, said that blockchain technology holds “tremendous potential to transform the financial industry.”
Securitize specializes in real-world assets (RWA) — traditional financial instruments such as real estate, government bonds, commodities, and invoices — that are tokenized on the blockchain.Tokenization converts ownership or income rights into digital tokens, enabling trading, collateral use, and integration into DeFi systems.
The company has previously received funding from major asset managers including BlackRock, ARK Invest, and Morgan Stanley Investment Management. It was also responsible for tokenizing BlackRock’s BUIDL fund, which was recently integrated into DeFi.
The RWA sector within crypto continues to grow amid a more favorable U.S. regulatory climate. However, some analysts argue that the biggest benefits of RWA will accrue to traditional assets, not cryptocurrencies.
Earlier this month, Rob Hadick, general partner at crypto venture firm Dragonfly, said tokenized equities would bring significant advantages to traditional markets but not necessarily to the crypto industry.
He noted that tokenized assets will enable 24/7 trading, but he doesn’t expect institutions “to want to exist directly on universal blockchains,” predicting instead that they will operate in fragmented ecosystems.
Additionally, blockchain firm Ondo Finance recently urged the U.S. SEC to delay or reject Nasdaq’s proposal to trade tokenized securities, citing the need for stronger oversight.
As we wrote, BUIDL by BlackRock becomes largest onchain fund with $1B in assets