Securitize Targets $400M in NYSE Market Debut After Merger Commitments

Securitize, backed by major financial institutions including BlackRock and Morgan Stanley, is set to debut on the New York Stock Exchange (NYSE) after securing commitments for approximately $400 million in a merger with Cantor Equity Partners II. The company expects to receive gross proceeds of about $400 million before transaction-related expenses. Securitize has been expanding its tokenization business, offering new institutional products and partnering with the NYSE to support its planned tokenized securities platform.

The firm's growth comes as it defends itself in a patent dispute with tZERO, with Securitize stating that its products do not infringe on patents owned by the company. The market debut follows several months of expansion for Securitize, including the extension of its Tokenized AAA CLO Fund to the Solana blockchain and a $250 million investment allocation from Ethena Labs.

Securitize's CEO Carlos Domingo commented that reaching the public markets represents an important step for the company after more than eight years of building tokenization infrastructure. The company's growth in tokenized capital markets has been significant, with over 650 funds utilizing its tokenization infrastructure and overseeing more than $4 billion in tokenized assets.