Securitize Secures $1.25 Billion Valuation in Nasdaq SPAC Debut for Tokenized Assets

Securitize, a leading blockchain company specializing in the tokenization of real-world assets, is set to go public via a merger with Cantor Equity Partners II, Inc. (CEPT), a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. The deal values Securitize at an impressive $1.25 billion in pre-money equity, marking a significant milestone for the burgeoning tokenization industry. The combined entity, Securitize Corp., is slated to trade on the Nasdaq under the ticker symbol SECZ, with shares potentially beginning as early as January.

The transaction is expected to generate up to $469 million in gross proceeds for Securitize. This includes $225 million from a fully committed Private Investment in Public Equity (PIPE) financing round, led by institutional investors such as Arche, Borderless Capital, and Hanwha Investment & Securities, alongside $244 million from CEPT’s trust account, assuming no redemptions. Existing major investors, including ARK Invest, BlackRock, and Morgan Stanley Investment Management, will roll their entire stakes into the newly formed public company.

Securitize, founded in 2017, has established itself as a dominant force in the tokenization space, holding a 20% market share in real-world asset (RWA) tokenization. The company is notably the platform behind BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) and has tokenized over $4 billion in assets through partnerships with prominent firms like Apollo, Hamilton Lane, KKR, and VanEck. CEO Carlos Domingo emphasized the strategic importance of this move, stating, "Tokenization is what everybody's talking about… but there's nobody publicly traded that does it."

This public listing positions Securitize as the first U.S. firm offering end-to-end tokenization infrastructure for securities. The company also plans to tokenize its own equity, aiming to demonstrate how public company shares can exist and trade on-chain. Brandon Lutnick, Chairman and CEO of Cantor Fitzgerald, highlighted the broader impact, noting, "blockchain technology has massive potential to transform finance, and partnering with Securitize underscores our confidence in tokenization as a foundational force in the next era of capital markets."

The move comes amidst a booming RWA tokenization market, which has grown 135% over the past year to reach $35 billion, with projections from Citi analysts suggesting it could expand to nearly $4 trillion by 2030. Securitize’s public debut signals a growing institutional embrace of digital assets and blockchain technology, providing a public market entry point for investors seeking exposure to this rapidly evolving sector.