BBX News: Yesterday, the merger between Securitize and Cantor Equity Partners II was officially completed, and the company will list on the New York Stock Exchange on July 2 under the ticker symbol SECZ, becoming the first pure-play RWA tokenization infrastructure company listed on a major U.S. exchange. On the same day, Hyperscale Data disclosed holdings of 780 bitcoins; combined with cash and silver, its total hard assets amount to approximately $106.7 million—surpassing its common market capitalization by 117%. The two companies represent two distinctly different pathways and circumstances for crypto assets entering public markets. Key Highlights: — Securitize Corp. (upcoming NYSE: $SECZ): Shareholder approval on June 29; merger completed on June 30; NYSE listing scheduled for July 2 (ticker: SECZ); raised approximately $400 million (including $225 million in PIPE, the largest operational SPAC PIPE since 2021); Class A redemption rate below 30%; manages over $4 billion in tokenized assets, representing roughly 20% of the RWA market; clients include BlackRock BUIDL (~$3.1 billion), Apollo, KKR, Hamilton Lane, and VanEck; signed an MOU with NYSE to provide digital transfer agent services for its 24/7 tokenized stock platform; its own SECZ equity will be tokenized to enable dual-listing on the platform; Benchmark issued a “Buy” rating with a $16 price target; faces patent dispute with tZERO. — Hyperscale Data (NYSE American: $GPUS): On June 29, disclosed ownership of 780.4838 BTC (approximately 49.25 BTC acquired by subsidiary ACG between June 21–29); total hard assets—BTC plus cash, restricted cash, and 10,000 ounces of silver—amount to approximately $106.7 million, representing about 117.06% of its common market capitalization; BTC market value is ~$46.9 million (average price: $60,138); Executive Chairman Ault III: “Market sentiment is completely disconnected from the facts”; operates bitcoin mining and AI data centers through subsidiary Sentinum; plans to spin off ACG in Q2 2027 to focus exclusively on high-performance computing and digital assets. Source: bbx.com
Securitize to List on NYSE as First RWA Tokenization Firm; Hyperscale Data's Bitcoin Holdings Surpass Market Cap
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Summary
On-chain news reveals that Securitize has completed its SPAC merger with Cantor Equity Partners II and will list on the NYSE on July 2 as SECZ, becoming the first RWA tokenization firm listed on a major U.S. exchange. Hyperscale Data (GPUS) disclosed holdings of 780.4838 BTC, with total Bitcoin market news assets valued at $106.7 million—exceeding its stock market cap by 117.06%.
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