Tokenization firm Securitize eyes early July NYSE debut with $400 million SPAC deal

Tokenization infrastructure firm Securitize said it expects to begin trading on the New York Stock Exchange next week after securing roughly $400 million through its merger with Cantor Equity Partners II.

According to a Friday release, the company said fewer than 30% of CEPT holders chose to redeem their shares, leaving it to retain over 71% of the SPAC trust. Combined with previously PIPE financing that included an oversubscribed $225 million private investment, Securitize expects to lock in $400 million in gross proceeds.

The merger is expected to close on Wednesday, with shares scheduled to begin trading on the NYSE under the ticker SECZ the following day.

"When we started more than eight years ago, the idea that major institutions would embrace tokenized securities was still largely theoretical," Securitize co-founder and CEO Carlos Domingo wrote in a statement on X. "Today, tokenization is moving into the mainstream, and we believe becoming a public company gives us the visibility, credibility, and capital to lead that next phase of growth."

Tokenize everything

The tokenized asset market started to hit its stride in 2025 and has continued to balloon in the first half of 2026.

Data from The Block, covering 15 leading tokenization protocols, estimates roughly $22.5 billion is locked across RWA protocols, down slightly from a peak of more than $24 billion reached in mid-April.

Out of that dataset, BlackRock's BUIDL fund, which invests in U.S. Treasuries and is tokenized by Securitize, has grown to nearly $3.1 billion.

Securitize is one of the largest infrastructure providers in the sector. Aside from BlackRock, Securitize also works with Apollo, KKR, Hamilton Lane, and VanEck.

Earlier this month, equities analysis firm Benchmark reiterated its Buy rating on the company with a $16 price target, arguing that Securitize's regulatory licenses across the U.S. and Europe make it a potential "positive outlier" as institutional adoption of tokenized assets ramps up.