PANews, May 21: According to SPACInsider, Securitize is advancing its business combination with Nasdaq-listed SPAC Cantor Equity Partners II (ticker: CEPT) to gain access to the public markets. Securitize’s founder and CEO, Carlos Domingo, stated that the company has already achieved profitability in asset tokenization through partnerships with multiple financial institutions and plans to use the SPAC transaction to accelerate expansion, enabling the issuance and trading of a broader range of assets as digital tokens beyond stablecoins.
Securitize to Merge with NASDAQ-listed SPAC CEPT, Aims to Expand Tokenized Assets
PANewsShare
Summary
Securitize is set to merge with NASDAQ-listed SPAC Cantor Equity Partners II (CEPT) in a move to go public. The company, which has become profitable in the asset tokenization space, plans to expand its digital asset news offerings and launch new token listings. CEO Carlos Domingo said the deal will help scale operations and bring more assets onto the blockchain beyond stablecoins.
Source:Show original
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.