Securitize, a tokenization firm backed by BlackRock, is set to debut on the New York Stock Exchange (NYSE) after its shareholders approved a merger with Cantor Equity Partners II (CEPT). The deal will create one of the first publicly traded pure-play tokenization companies in the US. Shares of CEPT surged as much as 20% during Monday's session.
The transaction is expected to close on Wednesday, with the combined company trading under the ticker SECZ on Thursday. Securitize, founded in 2017, has become a leading provider of tokenization infrastructure, helping asset managers issue blockchain-based versions of traditional investment products.
The NYSE listing comes as tokenization gains traction across Wall Street, with Citi projecting tokenized assets could reach $5.5 trillion by 2030 and Standard Chartered estimating the market could grow to $2 trillion by 2028.