Securitize plans to go public by merging with a blank check firm run by Cantor Equity Partners II. The deal that values the company at $1.25 billion and is set to deliver about $465–$469 million in cash, including $225 million from a side PIPE with private funds. Once the merger closes, the combined company will trade on Nasdaq, marking a high-profile step for tokenized real-world assets.
The agreement provides a public exit at a $1.25 billion starting value and roughly $465–$469 million in gross cash. With $225 million arriving via a PIPE, a private placement that points to institutional backing. This combination is designed to fortify Securitize’s balance sheet as it enters public markets.
Founded in 2017, Securitize has raised $132 million across eight earlier fundraises and claims about one fifth of the tokenized real-world assets market. Backers include BlackRock and ARK Invest, whose involvement signals that large, regulated institutions trust the model.
Listing on Nasdaq aims to bring fresh capital, a higher profile and added credibility to Securitize’s platform, which creates and administers “security tokens” representing shares, bonds or rights in real assets. Greater visibility could help accelerate adoption among institutional clients.
What the deal looks like and why it counts
A SPAC is a shell company that raises money to acquire an operating business and take it public without a traditional IPO, and a PIPE typically tops up the cash needed to close the purchase. This structure frames the path to listing and the funding mix behind it.
Deal materials forecast the tokenization market to expand from $2.08 trillion in 2025 to $13.55 trillion in 2030, implying a 45.46% compound annual growth rate, underscoring why capital markets are paying attention to the sector’s scale potential.
The merger must close and shares must begin trading on Nasdaq, a moment that will reveal whether the capital raise accelerates institutional use of tokenization or encounters the operational and regulatory hurdles that have challenged other SPAC deals.
If successful, Securitize’s public listing could cement tokenization’s place in mainstream finance, catalyzing adoption while subjecting the model to the market discipline and regulatory oversight that come with being public.
