Securitize to List on NYSE via $400M SPAC Merger Backed by Cantor Fitzgerald
Securitize, a leader in tokenization infrastructure for Wall Street, is set to go public through a SPAC merger with backing from Cantor Fitzgerald. The deal targets $400 million in gross proceeds, with shares expected to trade under the ticker SECZ on the NYSE by July 2, pending shareholder approval.
The tokenization market—converting traditional assets like funds and bonds into blockchain-based instruments—is experiencing rapid growth. Securitize’s move signals institutional confidence in the sector, with Cantor Fitzgerald’s involvement underscoring mainstream financial adoption.
Notably, the merger’s higher-than-expected proceeds stem from limited shareholder redemptions, reflecting strong investor appetite. The transaction is slated to close after a June 29 vote, marking a milestone for blockchain’s integration into regulated markets.
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