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Securitize is going public. The tokenization firm starts trading on the New York Stock Exchange under the ticker SECZ on July 2, following a merger with Cantor Equity Partners II that closed June 30.
The deal, approved June 29, pulls in roughly $400 million at a pre-money valuation of $1.25 billion. That makes Securitize Corp — the combined entity — the first pure-play tokenization infrastructure company to land on a major U.S. exchange. It’s a milestone the firm’s CEO, Carlos Domingo, has been building toward for a while. Per Domingo, public company status gives Securitize the visibility and capital it needs to push tokenization further into the mainstream. He’s not wrong that the timing is interesting.
BlackRock is in the mix.
The asset management giant’s BUIDL fund — a tokenized money market product — runs on Securitize’s platform. BUIDL has crossed $3 billion in total value locked, which is a serious number for any tokenized product. Other clients on the roster include Apollo, KKR, Hamilton Lane, and VanEck. That’s not a scrappy startup client list. Those are some of the biggest names in institutional finance, and they’re all running real assets through Securitize’s infrastructure.
SPAC Redemptions Came In Low
Here’s where it gets interesting from a market confidence angle. In a typical SPAC deal, redemptions from Class A shareholders often blow past 80%. It’s basically expected. But with the Cantor Equity Partners II merger, fewer than 30% of Class A shareholders redeemed. That’s a pretty unusual outcome. It probably says something real about how institutional money views Securitize’s prospects right now.
The $400 million raise also included a $225 million PIPE — and that PIPE was oversubscribed. Oversubscribed. That kind of demand doesn’t happen when investors are lukewarm. The firm posted $19.5 million in revenue for Q1 2026, up 39% year-over-year. So the financial profile heading into the listing isn’t just a story; there are actual numbers behind it.
The real-world asset tokenization market has grown fast. The sector went from roughly $9.55 billion to $21.84 billion over the past year — a 128% expansion. Securitize is betting the total addressable market eventually reaches $19 trillion. That figure is under scrutiny now that the company trades publicly and has to defend its assumptions to equity investors every quarter.
NYSE Partnership Goes Deeper Than a Listing
Securitize didn’t just list on the NYSE. It signed a memorandum of understanding with the exchange to serve as digital transfer agent for a new tokenized stock and ETF trading platform. That platform runs on on-chain settlement and uses stablecoin funding. So Securitize is basically embedded in the NYSE’s infrastructure play — it’s not just a tenant on the exchange, it’s a technical partner helping build what comes next.
That dual role is kind of unusual. A company goes public on an exchange and simultaneously helps that same exchange build out its next-generation settlement rails. It’s a tight relationship, and it gives Securitize a credibility boost that most newly public fintech firms can’t claim.
The firm was founded in 2017. Getting from there to a NYSE listing with $400 million in fresh capital and BlackRock as a flagship client is a long road. But it’s also a road that took nearly a decade, which tells you something about how slowly traditional finance moves when it comes to actually adopting new infrastructure — even infrastructure it eventually wants badly.
What Investors Are Watching Now
The July 2 opening session sets the first public market benchmark for tokenization infrastructure as an asset class. Analysts will track how traditional equity investors price regulated tokenization infrastructure versus pure software or fintech comps. It’s murky territory. There’s no clean comparable.
Capital deployment is the other big question. Securitize raised $400 million. Where it goes — new institutional partnerships, expanded tokenized equity offerings, platform development — will shape the narrative fast. The low redemption rate bought goodwill. Now the company has to spend that capital in ways that justify the $1.25 billion pre-money valuation.
And the NYSE partnership will get scrutiny too. A 24/7 tokenized trading platform with on-chain settlement and stablecoin funding sounds ambitious. Whether the infrastructure actually performs at scale, with real institutional volume behind it, is a different question from whether it sounds good in a press release.
Securitize’s Q1 revenue was $19.5 million.
Frequently Asked Questions
When does Securitize start trading on the NYSE?
Securitize begins trading under the ticker SECZ on July 2, following the June 30 close of its merger with Cantor Equity Partners II.
What is BlackRock’s connection to Securitize?
BlackRock’s BUIDL tokenized money market fund runs on Securitize’s platform and has surpassed $3 billion in total value locked.
How much did Securitize raise through the merger and PIPE?
Securitize pulled in approximately $400 million total, including a $225 million oversubscribed PIPE, at a pre-money valuation of $1.25 billion.
