Securitize debuts on NYSE with $400M raise, sub-30% redemption rate
In brief
- Securitize raises $400 million through Cantor Equity Partners II merger
- Redemption rate below 30%, signaling strong shareholder confidence
- NYSE trading under ticker SECZ begins July 2
Merger timeline and market response
Securitize expects to raise $400 million in its upcoming public debut through a merger with Cantor Equity Partners II. Less than 30% of shareholders in Cantor Equity Partners II elected to redeem, a key metric that determines cash available for the combined entity.
The merger is expected to close on Wednesday, July 1, subject to shareholder approval on Monday. Trading under ticker SECZ on the New York Stock Exchange will begin Thursday, July 2. Shares in Cantor's acquisition vehicle rose on Friday, closing up 7% to $10.86 and continuing to rise after-hours to $11, reflecting investor confidence in the deal.
Strategic positioning in tokenization
Securitize is backed by major institutions including BlackRock and Morgan Stanley, and crypto firms including Coinbase and Circle. The company's credibility spans traditional finance and crypto—a positioning that matters as tokenized securities move from niche to mainstream.
The company partnered with the New York Stock Exchange in March to create tokenized assets for the exchange's upcoming tokenized securities platform. This partnership signals institutional appetite for tokenization infrastructure.
"Reaching the public markets is a significant milestone for Securitize and a reflection of the growing momentum behind tokenization," Carlos Domingo, Securitize's co-founder and CEO, said in a statement.
Market outlook for tokenized assets
The timing of Securitize's public debut aligns with broader momentum in tokenization. Standard Chartered said earlier this month that it expects the amount of tokenized assets active in decentralized finance to grow 37-fold to $2.7 trillion by the end of 2030.
Regulatory clarity remains a headwind. In mid-May, the US Securities and Exchange Commission was reportedly ready to allow trading of tokenized stocks, but delayed the plan later that month after stock exchange officials raised concerns. Securitize's public listing may help shape the regulatory conversation around tokenized securities in the coming months.
