Securitize, a BlackRock-backed tokenization specialist, said Monday it has overcome a final major hurdle to becoming a public company after Cantor Equity Partners II (CEPT) shareholders approved plans to merge the companies on Monday.
The transaction is expected to close on Wednesday, subject to customary closing conditions, and the combined company will begin trading on the New York Stock Exchange on Thursday under the ticker symbol SECZ, the company said in an X filing.
CEPT shares jumped as much as 20% during Monday’s session.
Founded in 2017, Securitize has become a leading provider of tokenization infrastructure, helping asset managers such as BlackRock, Apollo, KKR and VanEck issue blockchain-based versions of traditional investment products. The company counts BlackRock and ARK Invest among its early investors.
The listing comes as tokenization – the process of representing traditional assets such as funds, bonds and private credit on blockchain networks – is gaining traction on Wall Street. Citi predicts that tokenized assets could reach $5.5 trillion by 2030, while Standard Chartered estimates the market could reach $2 trillion by 2028 as financial institutions move more and more real-world assets onto the blockchain rails.
The NYSE debut will provide public market investors with one of the few purely opportunities to gain exposure to the rapidly growing tokenization sector.
