Tokenization specialist Securitize is aiming for a public listing through a SPAC merger Cantor Equity Partners II (CEPT), the firm said on Tuesday. The deal values Securitize at $1.25 billion and will see the company list on Nasdaq under the ticker "SECZ," the firm added. Securitize also plans to tokenize its own equity, making its shares available to trade and transfer on blockchain rails. CEPT is lower by 6.5% in premarket trading at $12.00. Securitize's existing investors, including ARK Invest, BlackRock and Morgan Stanley Investment Management, will roll their entire stakes into the combined company. The transaction includes $225 million in new and existing institutional investment through a private private investment in public equity (PIPE) financing round led by Arche, ParaFi Capital and others. The listing would make Securitize the first U.S. public firm to offer end-to-end tokenization infrastructure aimed at securities. The company is one of the largest issuer of tokenized assets, shepherding the issuance of $4.5 billion of onchain securities, RWA.xyz data shows. It works with major institutional players such as BlackRock, Apollo and VanEck to digitize assets like private equity shares, credit, and real estate on blockchain networks.
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