Securitize goes public on the NYSE via SPAC merger
Money MovesThe BlackRock-backed tokenization platform closes a $400 million deal and lists under the ticker SECZ
July 1st, 2026: Merger closes, clearing the way for NYSE debutNew here? Follow stories to track developments over time. Create a free account to get updates when stories you care about change.
Overview
Updated Jul 1Securitize turns funds and bonds into tokens that live on a blockchain. On July 1, 2026, it closed a merger with a shell company backed by Cantor Fitzgerald and cleared the way to trade on the New York Stock Exchange under the ticker SECZ.
The deal raised about $400 million and puts a price on a business most people have never heard of. Securitize runs the plumbing for BlackRock's largest tokenized fund and works with Apollo and KKR. Its listing is the first real public test of whether turning traditional assets into tokens is a business Wall Street will pay for.
Why it matters
For the first time, public investors can bet directly on tokenization, the effort to move stocks, bonds, and funds onto blockchains that settle in seconds.
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People Involved
Organizations Involved
Securitize converts funds, bonds, and other assets into blockchain tokens and keeps the official record of who owns them.
A shell company that raised cash from investors, then used it to take Securitize public without a traditional stock offering.
The world's largest asset manager, whose tokenized money-market fund runs on Securitize's platform.
Timeline
October 2025 July 2026
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Merger closes, clearing the way for NYSE debut
Latest DealSecuritize completes the merger, raising about $400 million and setting up its New York Stock Exchange debut under the ticker SECZ.
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Shareholders approve the merger
CorporateCEPT shareholders vote in favor. Fewer than 30% redeem, leaving most of the trust cash in the deal.
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SEC clears the deal's paperwork
RegulatoryThe Securities and Exchange Commission declares the merger's registration statement effective, moving Securitize close to a public listing.
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Securitize agrees to go public via Cantor SPAC
DealSecuritize signs a business combination agreement with Cantor Equity Partners II, valuing the firm at $1.25 billion before new cash.
Historical Context
2 moments from history that rhyme with this story — and how they unfolded.
SPAC boom and bust (2020-2022)
Hundreds of companies went public by merging with blank-check firms during a SPAC frenzy. Many were early-stage businesses with thin revenue that used SPACs to reach markets fast.
A wave of deals closed at high valuations through 2021.
Most SPAC stocks fell well below their $10 starting price, and regulators tightened the rules around the structure.
Securitize chose the same SPAC route. Its low redemption rate stands out against a structure that burned many earlier investors.
Coinbase direct listing (2021)
Coinbase, the largest U.S. crypto exchange, went public through a direct listing on the Nasdaq. It opened near a $100 billion valuation, the first big crypto-native firm to trade on a major U.S. exchange.
The stock spiked on debut, then fell sharply as crypto prices dropped later that year.
Coinbase became a proxy for the whole crypto market, its shares swinging with token prices rather than its own fundamentals.
Securitize is the first tokenization firm to list, and like Coinbase its stock may be read as a bet on an entire sector, not one company.
