Securitize is pursuing a Nasdaq SPAC merger with Cantor Equity Partners II to expand beyond stablecoins into tokenized securities, while CEO Carlos Domingo states the company is already profitable through financial-institution partnerships.
Securitize is seeking a Nasdaq listing through a business combination with Cantor Equity Partners II, a Nasdaq-listed SPAC, as it pushes to expand issuance and trading beyond stablecoins into a broader range of tokenized securities. CEO Carlos Domingo said the tokenization platform has already reached profitability through partnerships with financial institutions, an update that conflicts with an earlier characterization that the company remained unprofitable despite reporting record quarterly revenue while preparing for the merger. The transaction is positioned as part of Securitize’s broader effort to bring traditional financial assets onto blockchain infrastructure.