Tokenization Platform Securitize to Go Public at $1.25B Valuation via Cantor SPAC
Securitize, the tokenization platform behind BlackRock's BUIDL fund and other institutional digital asset products, will become a publicly traded company through a $1.25 billion SPAC merger with Cantor Fitzgerald's blank-check vehicle. The deal includes $225 million in committed PIPE financing from investors such as Arche, Borderless Capital, and ParaFi Capital.
Existing shareholders, including ARK Invest, BlackRock, and Morgan Stanley Investment Management, will roll 100% of their equity into the combined entity. The new company, to be renamed Securitize Corp., plans to trade on Nasdaq under the ticker symbol SECZ and aims to tokenize its own equity—a first for the industry.
"This is a defining moment for Securitize and for the future of finance," said CEO Carlos Domingo. The MOVE underscores the growing institutional adoption of blockchain technology to democratize capital markets.
