Securitize, a tokenization infrastructure company backed by BlackRock, is advancing a new funding round and plans to go public through a merger with a SPAC supported by Cantor Fitzgerald. Following the news, the shares of the related SPAC, CEPT, rose 8%.
RWA tokenization scale exceeds $30 billion
Securitize is one of the leading providers of tokenization infrastructure on Wall Street, focusing on mapping traditional financial assets—such as funds, bonds, and private credit—to blockchain networks. As institutions accelerate their adoption, this sector has seen significant growth in recent years.
According to data from rwa.xyz, the market size of tokenized real-world assets, excluding stablecoins, has exceeded $30 billion. Boston Consulting Group and Ripple previously estimated that this market could reach $18.9 trillion by 2033.
Served institutions such as Apollo and KKR
Securitize has currently provided tokenization issuance and infrastructure services to several major asset management firms, including Apollo, KKR, Hamilton Lane, and VanEck. The report also mentions that the company has been assisting the New York Stock Exchange in building a tokenized securities platform earlier this year.
This means that Securitize’s role has evolved beyond that of a single project issuer, becoming more like a platform that connects traditional asset management institutions with on-chain securities infrastructure.
Seeking to raise $400 million and advance toward an IPO
Securitize expects to raise approximately $400 million and pursue a public listing through a SPAC merger. CEO Carlos Domingo said that over eight years ago, institutional adoption of tokenized securities was still largely conceptual, but this direction is now gradually entering the mainstream market.
Market reactions indicate that investors are closely monitoring this transaction. CEPT, related to the merger, rose 8% following the announcement, reflecting that capital markets are reassessing the growth potential of tokenized infrastructure companies.