Securitize Shareholders Approve Merger, Becoming First Publicly Traded Tokenization Company

iconThe Defiant
Share
AI summary iconSummary
A new token listing is in the works as Securitize Shareholders approved a merger with Cantor Equity Partners II, making it the first publicly traded tokenization company. The deal passed with 12,432,037 shares in favor and is set to close on July 1, with shares trading under the ticker SECZ on the NYSE by July 2. The on-chain news highlights a $225 million PIPE that should raise around $400 million in gross proceeds. As of April 2026, the firm manages over $4 billion in assets, supporting major players like BlackRock, Apollo, and KKR.

Cantor Equity Partners II shareholders voted Monday to approve a merger with Securitize, clearing the final pre-close hurdle before the combined company lists on the New York Stock Exchange on July 2 as Securitize Corp., the first publicly traded tokenization company in the United States.

The vote passed with 12,432,037 shares in favor and 2,151,147 against, according to a Form 8-K filed with the SEC by Cantor Equity Partners II on Monday. The business combination is expected to close Tuesday, July 1, with shares trading under the ticker SECZ the following day. Gross proceeds from the transaction, including a $225 million private investment in public equity (PIPE), are expected to reach approximately $400 million.

Securitize operates as a regulated tokenization platform serving institutional asset managers. It holds SEC registrations as a broker-dealer, transfer agent, and fund administrator, and is the issuance platform for BlackRock's BUIDL fund, one of the largest tokenized money-market products on-chain. The company also provides infrastructure to Apollo, Hamilton Lane, KKR, and VanEck, with more than $4 billion in assets under management as of April 2026, per company disclosures.

Securitize is also the only company licensed to operate regulated digital-securities infrastructure across both the United States and Europe, following authorization under the EU's DLT Pilot Regime.

Public Markets Access

The NYSE listing gives asset managers and banks a publicly traded reference point for tokenization infrastructure. Until now, Securitize operated as a private company, with no public equity vehicle. The combined entity, Securitize Corp., will carry a balance sheet funded by the $400 million in merger proceeds, available for expanding infrastructure and product capacity.

The "first publicly traded tokenization company" framing rests on Securitize's regulated infrastructure positioning, distinct from protocols or tokenized-asset issuers. Converge's prior coverage noted the PIPE was oversubscribed and final redemptions came in below 30%, which CEO Carlos Domingo had attributed to strong institutional demand despite early skepticism about the SPAC vehicle.

Expanding the Stack

In the months leading up to the close, Securitize announced a collaboration with the NYSE to support tokenized securities infrastructure development, added secondary trading rails for tokenized equities through Jump Crypto and Jupiter on Solana, and issued Hamilton Lane's HLSCOPE private-credit fund on TRON as its first multi-chain institutional product beyond Ethereum. Securitize also received FINRA approval to custody tokenized securities, completing what the company describes as a full on-chain issuance-to-custody infrastructure stack.

The NYSE listing adds a public equity layer to that stack. Asset managers that have used Securitize's infrastructure privately can now buy shares in the entity operating that infrastructure alongside their institutional product access.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.