ME News reports that on July 1, 2026 (UTC+8), according to comprehensive disclosures from BBX Crypto-Related Stock Information, as the global crypto asset market closed out the first half of 2026 with Bitcoin stabilizing near $60,000, two publicly traded companies each achieved significant crypto-related milestones: the SPAC merger between Securitize and Cantor Equity Partners II was officially completed on June 30, and the combined company will begin trading on the New York Stock Exchange under the ticker symbol SECZ on July 2. Meanwhile, Hyperscale Data disclosed that its subsidiary ACG purchased approximately 49 additional Bitcoin this week, bringing its total assets—including Bitcoin, cash, and silver—to $106.7 million, surpassing its current common market capitalization for the first time. Management publicly stated that the company’s market valuation is severely disconnected from its fundamentals.
[Key Updates]
- Securitize Corp. (NYSE: $SECZ) received approval from the shareholders of Cantor Equity Partners II for the SPAC merger on June 29, and the merger was officially completed on June 30. The company will begin trading on the New York Stock Exchange under the ticker symbol SECZ on July 2, becoming the first publicly listed company in the U.S. capital markets focused exclusively on real-world asset tokenization infrastructure. The merger raised approximately $400 million, including about $225 million in an oversubscribed PIPE—the largest PIPE for an operating company since 2021. The SPAC Class A shareholder redemption rate was under 30%, significantly below the typical 80–90% redemption rate seen in the current macro environment. Securitize currently manages over $4 billion in tokenized assets, accounting for approximately 20% of the global RWA tokenization market share. Key clients include BlackRock’s BUIDL tokenized money market fund (~$3.1 billion), Apollo, KKR, Hamilton Lane, and VanEck. The company has also signed a memorandum of understanding with the NYSE to serve as the digital transfer agent for the NYSE’s planned 24/7 tokenized stocks and ETF trading platform, and plans to tokenize its own SECZ equity on the platform, enabling dual-track settlement: traditional NYSE delivery alongside on-chain instant settlement. Benchmark initiated coverage with a Buy rating and a $16 price target.
- Hyperscale Data, Inc. (NYSE American: $GPUS) has issued an official announcement disclosing that its subsidiary Sentinum, together with Ault Capital Group (ACG), holds a combined total of 780.4838 bitcoins as of June 29. ACG acquired approximately 49.2490 bitcoins on the open market between June 21 and 29. Based on the Bitcoin closing price of $60,138 on June 29, the market value of the Bitcoin holdings is approximately $46.9 million. The company’s total assets—including Bitcoin, cash, restricted cash, and 10,000 troy ounces of .999 fine silver—amount to approximately $106.7 million, representing about 117.06% of its current common market capitalization, meaning the value of its hard assets exceeds its market cap. Executive Chairman Milton "Todd" Ault III stated: "In my view, the market’s reaction is completely disconnected from the facts." Through its subsidiary Sentinum, the company operates Bitcoin mining and AI data center businesses and plans to complete the spin-off of ACG’s subsidiary in the second quarter of 2027, after which the company will focus exclusively on high-performance computing data center operations and digital asset holdings. (Source: BBX)
