Securitize clears SEC hurdle, targets NYSE listing as SECZ

The U.S. Securities and Exchange Commission has declared Securitize’s S-4 registration statement effective, clearing a regulatory step before a proposed merger with Cantor Equity Partners II (Nasdaq: CEPT). Shareholders of the SPAC will vote on the transaction at a special meeting on June 29. If approved and other customary conditions are met, the companies expect the deal to close shortly afterward and the combined company to trade on the New York Stock Exchange under the ticker SECZ.

Securitize provides tokenization and digital asset infrastructure for institutional clients. The company reported managing more than $4 billion in tokenized assets and serving roughly 650 funds through its Securitize Fund Services. It has commercial relationships with asset managers including BlackRock, Apollo, KKR, Hamilton Lane and VanEck.

The SPAC sponsor, Cantor Equity Partners II, is backed by an affiliate of Cantor Fitzgerald. The merged company would be named Securitize Corp. and operate under that brand following closing.

Securitize has announced several strategic commercial initiatives, including a collaboration with the New York Stock Exchange to build a tokenized equities trading platform and an agreement with Computershare for issuer-sponsored tokenized shares.

Financial details disclosed by the company show a $47 million strategic funding round in 2024 led by BlackRock and $1.9 billion in transaction volume reported for the first quarter of the year. The firms have said the public listing would support Securitize’s efforts to expand tokenization services to institutional and global markets.

Carlos Domingo, Securitize’s chief executive, described the public listing as a way to scale the company’s infrastructure globally as tokenization gains wider use in financial markets. The transaction remains subject to shareholder approval and customary regulatory and closing conditions.