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Securitize begins trading on New York Stock Exchange after SPAC merger, with shares rising nearly 3 percent
Securitize debuted on the NYSE on July 2 after raising $400 million through a merger with Cantor Equity Partners II. Shares rose nearly 3 percent after opening despite trading below the IPO price in pre-market.
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Securitize began trading on the New York Stock Exchange on July 2 after completing a public offering through a merger with Cantor Equity Partners II. The tokenization firm raised $400 million in the deal, which valued the company at $1.25 billion, Fortune reported. Shares fell below the IPO price in pre-market trading but rose nearly 3 percent once markets opened.
Seventy-one percent of the SPAC’s cash pool remained in the merger rather than being withdrawn by investors. Securitize President Brett Redfearn said at the exchange that the listing marked a watershed event in bringing traditional services on-chain and that the firm stood at a tipping point in tokenization. Redfearn added that Securitize would issue a tokenized version of its own stock.
The Miami-based company was founded in 2017 by Carlos Domingo and Jamie Finn. BlackRock led a $47 million investment round in 2024. Securitize has helped VanEck launch a tokenized U.S. Treasury fund, partnered with the New York Stock Exchange on a planned platform for tokenized stocks and ETFs, and worked with BlackRock on the tokenized money market fund BUIDL.
Securitize joins other crypto firms that have reached public markets in recent years. Circle completed an IPO in June 2025, Gemini followed in September 2025, and BitGo listed in January 2026. Kraken placed its planned IPO on hold in March 2026.
Earlier in June, Citi introduced a product allowing wealthy and institutional clients to trade shares of private companies on blockchain. JPMorgan, Bank of America, Wells Fargo, and Citigroup plan to launch a tokenized deposit network in 2027.
