Securitize to Raise $400 Million as Tokenization Firm Nears Public Debut

Securitize, a leading tokenization specialist backed by BlackRock, is set to raise approximately $400 million as it prepares for its public debut via a merger with Cantor Equity Partners II (CEPT), a special purpose acquisition company.

The transaction, expected to close on July 1 pending shareholder approval, will result in the combined company starting trading on the New York Stock Exchange under the ticker SECZ.

Securitize has emerged as a key infrastructure provider in the rapidly growing tokenization market, helping major asset managers such as Apollo and VanEck issue blockchain-based versions of traditional investment products.

'When we started more than eight years ago, the idea that major institutions would embrace tokenized securities was still largely theoretical,' said Securitize CEO Carlos Domingo. 'Today, tokenization is moving into the mainstream.'