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Securitize plans to merge with Cantor Equity Partners II and list on the New York Stock Exchange under ticker SECZ. The transaction is set to close July 1 after a June 29 shareholder vote.
gurufocus.comSecuritize plans to raise about $400 million through a merger with Cantor Equity Partners II. The business combination is expected to generate roughly $400 million in gross proceeds, including PIPE financing, CoinDesk reported. The transaction is scheduled to close on July 1, 2026, pending shareholder approval on June 29.
The combined company would begin trading on the New York Stock Exchange the following day under the ticker SECZ. Cantor Equity Partners II shares rose 8 percent after the announcement. Securitize is backed by BlackRock and ARK Invest and assists Apollo, KKR, Hamilton Lane and VanEck in issuing blockchain-based versions of traditional investment products.
The firm is also helping the New York Stock Exchange build its tokenized securities platform. The market for tokenized real-world assets has grown to more than $30 billion, excluding stablecoins, according to rwa.xyz. Boston Consulting Group and Ripple project the tokenized real-world assets market could reach $18.9 trillion by 2033.
Securitize CEO Carlos Domingo said tokenization is moving into the mainstream eight years after the company was founded.
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washingtonpost.comSpaceX obtained regulatory approval to buy the startup founded by former SpaceX engineers. Mesh Optical Technologies is developing optical transceivers for data center links.