Key facts
- Securitize expects to raise approximately $400 million.
- The funds will be raised through a merger with Cantor Equity Partners II.
- Cantor Equity Partners II is a SPAC backed by Cantor Fitzgerald.
- Securitize will trade on the NYSE.
- The ticker symbol will be SECZ.
- Trading is expected to start on July 2.
Securitize, a prominent tokenization platform, is preparing to raise approximately $400 million as it merges with Cantor Equity Partners II. This special purpose acquisition company (SPAC) is backed by the financial services firm Cantor Fitzgerald. The merger is a key step for Securitize, aiming to enhance its presence in both the digital asset and traditional finance markets. Following the completion of the merger, Securitize is slated to begin trading on the New York Stock Exchange (NYSE). The company will be listed under the ticker symbol SECZ. Trading is expected to commence on July 2. This public debut signifies a major milestone for Securitize, positioning it for further growth and integration within the broader financial ecosystem.