Securitize to Go Public via Merger with Cantor Fitzgerald-Affiliated SPAC
Securitize will merge with CantorEquityPartnersII, a Cantor Fitzgerald-linked SPAC, paving the way for a Nasdaq listing to expand blockchain tokenized equity adoption.
On October 28, Securitize announced a merger agreement with CantorEquityPartnersII (CEPT), a special purpose acquisition company affiliated with Cantor Fitzgerald. The deal will enable Securitize to become a publicly traded company on Nasdaq under the ticker SECZ. Previously disclosed details valued the company at $1.25 billion and targeted $469 million in funding, including $225 million from fully committed PIPE investors. Securitize plans to tokenize its own equity as part of the listing, reinforcing its mission to advance regulated blockchain-based financial instruments. The firm has been involved in initiatives such as BlackRock’s tokenized money market fund.
- SPAC (Special Purpose Acquisition Company): A publicly traded company created to raise capital through an IPO for the purpose of acquiring or merging with an existing private company.
- Tokenized Equity: Company shares represented on a blockchain, allowing digital ownership records and potentially more efficient trading and settlement.
- Tokenized Money Market Fund: A traditional money market fund represented on a blockchain, enabling digital trading and settlement of fund shares.