BlackRock-Backed Securitize Set for Nasdaq Debut via $1.25B SPAC Merger

Securitize, a blockchain firm backed by BlackRock, is poised to make its Nasdaq debut through a $1.25 billion merger with Cantor Fitzgerald's SPAC arm. The deal marks a watershed moment for asset tokenization, positioning Securitize as one of the first major players in blockchain-based securities to enter public markets.

Founded by Carlos Domingo, the company specializes in converting traditional assets—real estate, bonds, private equity—into tradeable digital tokens. "We're rebuilding financial markets at internet speed," Domingo asserts. Cantor Fitzgerald CEO Howard Lutnick sees this as merely the opening act of blockchain's disruption of global finance.

The MOVE follows Securitize's work tokenizing BlackRock's BUIDL fund, a landmark integration of institutional assets into DeFi ecosystems. Investors including ARK Invest and Morgan Stanley have backed the startup, signaling growing Wall Street confidence in tokenized real-world assets.