Securitize Goes Public
Leading Tokenization Provider Securitize to Debut on NYSE July 2 Following Merger Approval
Key Points
Benchmark Equity Research reaffirmed its 'Buy' rating on Securitize stock with a $16 price target, noting that the companys regulatory licenses in the U.S. and Europe are a key differentiator.
BlackRocks tokenized money market fund BUIDL managed by Securitize has total value locked exceeding $3 billion, underscoring the scale of Securitize's tokenization infrastructure.
Securitize reported $1.9 billion in transaction volume in the first quarter of 2026, highlighting strong initial activity as a public company-in-waiting.
Carlos Domingo, Securitize co-founder and CEO, said, "Today, tokenization is moving into the mainstream, and we believe becoming a public company gives us the visibility, credibility, and capital to lead that next phase of growth."
Cantor Equity Partners II stock climbed as much as 20% in Monday trading on news of the merger, signaling investor enthusiasm surrounding the SPAC deal.
Securitize is set to begin trading on the New York Stock Exchange on July 2, 2026, under the ticker SECZ, after shareholders of Cantor Equity Partners II approved the merger on June 29. The deal closes July 1, with the combined company operating as Securitize Corp. Finance Feeds reported that the approval makes Securitize one of the first publicly traded pure-play tokenization companies in the world.
The transaction brought roughly $400 million in fresh capital to Securitize, according to CryptoNews. That includes a $225 million private investment — which was oversubscribed — plus more than 71% of the original SPAC trust, as redemptions from Cantor investors came in below 30%, far under the SPAC industry average of around 85%.
Cantor Shares Surge as Low Redemptions Signal Confidence
Shares of Cantor Equity Partners II jumped as much as 20% on June 29 after the shareholder vote, CoinCodex reported. The sharp move reflected investor enthusiasm over the deal's structure. A redemption rate below 30% is unusually low for a SPAC — most recent blank-check deals have seen 85% or more of investors cash out before a merger closes.
Keeping more of the trust intact means Securitize enters public markets with a stronger balance sheet. The company can now use its $400 million war chest to pursue acquisitions, Yahoo Finance noted. Industry insiders expect it to target smaller tokenization startups or legacy transfer agents to consolidate the market.
BlackRock's BUIDL Fund Puts Securitize at the Center of a $3B Market
Securitize manages BlackRock's BUIDL fund — a tokenized money market fund that now holds more than $3 billion in total value. Tokenization means converting traditional assets, like treasury bonds or private credit, into digital tokens that can be traded on a blockchain. Securitize built and runs the infrastructure that makes that possible.
The company reported $1.9 billion in transaction volume in Q1 2026 alone, up from $450 million in Q1 2025, according to Bitcoin.com News. Beyond BlackRock, Securitize works with Apollo, KKR, Hamilton Lane, and VanEck. CEO Carlos Domingo said,
CEO Says Public Listing Gives Securitize Credibility to Lead Tokenization
Carlos Domingo, co-founder and CEO of Securitize, framed the NYSE debut as more than a fundraise. He said, "Today, tokenization is moving into the mainstream, and we believe becoming a public company gives us the visibility, credibility, and capital to lead that next phase of growth." Cantor Fitzgerald's Howard Lutnick has called Securitize the "bridge" between Wall Street and digital finance.
Analysts at Benchmark Equity Research agree. The firm reaffirmed a "Buy" rating on Securitize with a $16 price target, according to Finance Feeds. Benchmark pointed to Securitize's regulatory licenses in the U.S. and Europe as a "key differentiator" that creates a high barrier to entry. Those licenses include SEC and FINRA broker-dealer, alternative trading system, and transfer agent registrations.
Bears Warn of BlackRock Dependency and SPAC Valuation Risk
Not everyone is bullish. Some analysts warn that Securitize's $3 billion in assets under management is heavily concentrated in a single client — BlackRock. If BlackRock were to build its own internal transfer agency, Securitize could face a sharp revenue drop. Bloomberg Intelligence analysts described this as a potential "revenue cliff" for the company.
SPAC skeptics also argue the valuation leaves little room for error. The Financial Times framed the deal through a cautious lens, noting that any slowdown in BUIDL fund growth could trigger a correction in SECZ shares. Decentralization advocates have also pushed back, arguing Securitize simply replicates the existing financial system on a private ledger — a win for Wall Street's blockchain rather than open-source finance.
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