Securitizes $400M SPAC Deal Sets Up Thursday NYSE Debut
Securitize is expected to begin trading on the New York Stock Exchange on July 2 after shareholders of Cantor Equity Partners II approved the proposed business combination.
Summary
- Securitize secured Cantor shareholder approval, clearing its final major step before Thursday’s NYSE debut.
- The merger is expected to bring about $400 million in gross proceeds before expenses.
- Securitize enters public markets as demand grows for tokenized funds, securities, and on-chain assets.
The tokenization infrastructure firm said the transaction is expected to close on July 1, subject to the satisfaction or waiver of customary closing conditions.
After the deal closes, the combined company will operate as Securitize Corp. Its common stock is expected to trade on the NYSE under the ticker symbol SECZ. The move will place one of the largest real-world asset tokenization firms into U.S. public markets.
Merger expected to raise about $400 million
The company said last week that it expects to receive about $400 million in gross proceeds from the transaction. That amount includes related private investment in public equity financing and excludes transaction costs.
Securitize also said fewer than 30% of Cantor Equity Partners II shareholders chose to redeem their shares. That left the company with more than 71% of the SPAC trust. As previously reported by crypto.news, the deal includes an oversubscribed $225 million private investment round.
Securitize co-founder and CEO Carlos Domingo said, “Today, tokenization is moving into the mainstream, and we believe becoming a public company gives us the visibility, credibility, and capital to lead that next phase of growth.” The company had earlier announced that the business combination valued Securitize at $1.25 billion.
Tokenization business draws Wall Street attention
Securitize provides infrastructure for tokenized funds and securities. The firm works with asset managers including BlackRock, Apollo, KKR, Hamilton Lane and VanEck. It also manages BlackRock’s BUIDL tokenized money market fund, which ranks among the largest tokenized Treasury products.
As previously reported by crypto.news, Securitize recorded $1.9 billion in transaction volume during the first quarter of 2026. The same report noted that BlackRock led a $47 million funding round for the firm in 2024.
The listing comes as real-world asset tokenization gains more interest from large financial firms. Cantor Equity Partners II shares rose as much as 20% during Monday’s session before the approval news.
Public debut follows product expansion
Securitize has also expanded beyond money market funds. As reported by crypto.news, Ethena Labs planned a $250 million allocation to Securitize’s tokenized AAA-rated CLO fund after the product moved to Solana.
That fund invests in U.S. dollar-denominated AAA-rated collateralized loan obligation tranches. BNY supports the product as custodian of the underlying assets and sub-adviser through BNY Investments.
As reported by crypto.news, tokenized money market funds have also become a growing focus for large asset managers such as BlackRock and Franklin Templeton. Securitize’s NYSE debut will now test how public investors value tokenization infrastructure as more traditional assets move on-chain.
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