Tokenization Titan Securitize Going Public via SPAC

Securitize, a leading blockchain tokenization firm, is preparing to go public through a SPAC merger with Cantor Equity Partners II (CEPT). The deal values Securitize at $1.25B pre-investment, and shares will remain listed on Nasdaq under the new ticker symbol SECZ.

What’s the Scoop?

• Stock Market First: Securitize will become the first publicly traded company in the U.S. to offer end-to-end tokenization infrastructure for securities, spanning issuance, custody, and secondary trading. The move represents a milestone in the convergence between capital markets and blockchain.
• Dual Share Structure: In addition to its Nasdaq listing, Securitize plans on tokenizing its own shares and issuing them via blockchain rails. Although Securitize has not yet to publicized where tokenized shares will be available, its tokenized products are available across more than ten distinct networks.
• Institutional Validation: Founded in 2017, Securitize is a compliant bridge between traditional financial institutions and blockchain-based assets. Its platform has facilitated the issuance of more than $4.5B in tokenized securities for companies like BlackRock, Apollo, and VanEck.
• PIPE Power: The transaction includes a $225M private investment in public equity (PIPE) round led by Arche and ParaFi Capital. It also include an $244M in cash held by Cantor Equity Partners II’s for expected total gross deal proceeds of $469M.
• No Exit Opportunity: Existing backers, such as ARK Invest, BlackRock, and Morgan Stanley Investment Management will roll over the entirety (100%) of their Securitize stakes into the combined company, meaning early financial backers were not bought out by this transaction.