Securitize NYSE debut: CEO eyes M&A to expand tokenization platform
In brief
- Securitize completed SPAC merger with Cantor Equity Partners II and started NYSE trading this week.
- Company raised over $400 million and retained 70% of SPAC trust for growth and acquisitions.
- CEO Domingo plans complementary acquisitions to expand tokenization platform, not rival buyouts.
Acquisition Strategy Focused on Complementary Businesses
CEO Carlos Domingo said Securitize plans to use its newly-strengthened balance sheet to pursue acquisitions to expand its tokenization business. However, the company is not interested in buying rivals. "They're not going to bring anything to me that I don't have in terms of tech," Domingo said, emphasizing that Securitize is looking at businesses that complement its institutional tokenization offering to build a broader one-stop shop.
The distinction matters. Domingo noted that the company doesn't need the full $400 million just to operate — the capital gives Securitize flexibility to be selective about targets rather than aggressive.
Market Position and Client Base
Founded in 2017, the company provides issuance, transfer agency and fund administration services for tokenized securities. Its institutional client roster includes BlackRock, Apollo, KKR, Hamilton Lane and VanEck. Securitize has issued roughly $4.4 billion in tokenized assets, making it the largest tokenized asset issuer according to RWA.xyz data.
The scale is notable. BlackRock's tokenized U.S. Treasury money market fund BUIDL represents $2.2 billion of that total, while Securitize itself issued nearly $300 million of tokenized shares during the SPAC process.
Equity Tokenization as the Frontier
Domingo identified publicly listed stocks as one of the largest untapped opportunities for tokenization. The roughly $140 trillion global equity market remains largely offline. Even a small migration would be transformative: 2% moving onchain represents already $3 trillion in market size.
Securitize is already moving on this front. The company teamed up with transfer agents Computershare and Continental to enable public companies to issue shares directly on blockchain rails. Meanwhile, NYSE parent Intercontinental Exchange partnered with Securitize to develop infrastructure for tokenized equities.
The broader tokenized asset market is accelerating. Tokenized real-world assets now exceed $32 billion, and analyst forecasts suggest explosive growth ahead. Citi has projected tokenized securities could grow into a $5.5 trillion market by 2030, while Boston Consulting Group and Ripple estimate the sector could reach $18.9 trillion by 2033.
Infrastructure providers like DTCC recently unveiled plans to introduce a tokenized securities platform targeting an October launch, signaling that institutional settlement rails are moving to support the shift.
