Securitize, the BlackRock-backed tokenization specialist, expects to begin trading next week on the New York Stock Exchange under the ticker symbol SECZ, following the completion of a merger with a Cantor Fitzgerald-backed blank-check firm. The transaction will provide Securitize with approximately $400 million in proceeds from the combination and related private financing.
As of June, Securitize had more than $4 billion worth of assets under management, with BlackRock's BUIDL tokenized money market fund representing the largest product at $2.4 billion, according to data from RWA.xyz. CEO Carlos Domingo described the public debut as a pivotal milestone for tokenization, stating the technology is transitioning from theoretical concept to mainstream infrastructure for modern finance.