Securitize to Raise $400M as BlackRock-Backed Tokenization Firm Preps NYSE Debut
What happened: Securitize, a leader in real-world asset tokenization backed by BlackRock and Ark Invest, is set to go public on the NYSE under the ticker SECZ on July 2, 2026.
What happened: Securitize, a leader in real-world asset tokenization backed by BlackRock and Ark Invest, is set to go public on the NYSE under the ticker SECZ on July 2, 2026. The company will merge with Cantor Equity Partners II (CEPT), raising approximately $400 million in gross proceeds, including an oversubscribed $225 million PIPE—the largest for an operating SPAC since 2021. Redemptions came in below 30%, leaving the combined entity with over $400 million in cash at listing. Securitize currently tokenizes over $4 billion in assets and partners with major institutions such as BlackRock, Apollo, and KKR.
Why it matters: This listing marks one of the largest capital raises for a tokenization firm and signals growing institutional confidence in blockchain-based asset infrastructure. The robust PIPE and low redemption rate suggest strong investor demand, even as the broader SPAC market remains subdued. However, the post-merger valuation remains undisclosed, and the dilution profile will depend on PIPE terms not yet public. Securitize’s public debut could set a precedent for other fintechs aiming to bridge traditional finance and blockchain.
Source: CoinDesk, The Defiant