BlackRock-Backed Securitize to Debut on NYSE Under
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Securitize will begin trading on the NYSE under ticker "SECZ" next week after completing a merger with Cantor Equity Partners II, a Cantor Fitzgerald-backed blank-check firm.
- Securitize expects roughly $400 million in proceeds from the SPAC combination and related private financing, after less than 30% of CEP II's common shareholders elected to redeem their holdings.
- Securitize counts BlackRock, Apollo, BNY, Hamilton Lane, and KKR among its clients, and in March signed an agreement with the NYSE itself to develop systems for blockchain-native securities.
- The company's AUM topped $4 billion as of June, with BlackRock's BUIDL fund—Securitize's largest product—valued at $2.4 billion on Friday per RWA.xyz.
- The SEC reportedly delayed an innovation exemption for tokenized stocks last month after concerns were raised that third-party on-chain issuers could complicate corporate actions and governance duties.
- CEO Carlos Domingo advocates for "native" tokenization, arguing securities must be issued directly on-chain rather than wrapped in digital shells in order to achieve their full potential at scale.
Why it matters: Securitize's listing is the first major U.S. test of whether public equity investors will fund a pure-play tokenization company, and the ~$400 million raise gives the firm capital to scale as infrastructure incumbents like DTCC move into the space. The debut also lands while the SEC's stance on tokenized stocks remains unsettled, making the stock's reception a near-term signal for how urgently regulators move to clarify rules.
