BlackRock-Backed Securitize To Go Public On NYSE After Most SPAC Investors Stay In
RWA Signal Insight
InfrastructureSecuritize, the tokenization platform powering BlackRock's BUIDL fund, is set to debut on the New York Stock Exchange under the ticker SECZ on July 2 following a merger with Cantor Equity Partners II. The transaction is expected to generate approximately $400 million in gross proceeds, bolstered by a low redemption rate where 71.5% of SPAC shareholders opted to remain in the deal. This successful transition to public markets marks a significant milestone for the RWA sector, signaling a shift from theoretical institutional interest to mainstream financial adoption. Securitize currently manages over $4 billion in assets and serves as the transfer agent for major institutional partners including Apollo, KKR, and Hamilton Lane. The firm's public listing follows a $47 million strategic investment led by BlackRock in 2024, further cementing the platform's role in the infrastructure of tokenized finance. By securing a listing on a major exchange like the NYSE, Securitize provides a transparent, regulated vehicle for investors to gain exposure to the growing tokenization market. This development underscores the increasing integration of blockchain-based asset management within traditional capital markets.
Key points
- Securitize will list on the NYSE as SECZ following a merger with Cantor Equity Partners II.
- The deal is expected to raise $400 million in gross proceeds for the tokenization platform.
- Securitize manages over $4 billion in AUM and serves as the platform for BlackRock's BUIDL.
- Only 30% of SPAC shareholders redeemed their shares, indicating strong investor confidence in tokenization.
Background
Securitize is a leading digital asset securities firm that provides the technology stack for issuing, managing, and trading tokenized real-world assets on public blockchains. It functions as a transfer agent and compliance engine, ensuring that tokenized securities meet regulatory requirements while enabling fractional ownership and 24/7 settlement. The platform is best known for its role in the BUIDL fund, which allows institutional investors to hold tokenized U.S. Treasury-backed assets on the Ethereum network.