BlackRock-backed Securitize to raise $400 million nearing public debut; CEPT jumps 8%
Lower-than-expected redemptions leave CEPT with 71.5% of its trust, setting up a deal that is expected to generate about $400 million in gross proceeds.
- On Friday, June 26, Securitize, Inc. announced its business combination with Cantor Equity Partners II is expected to generate approximately $400 million in gross proceeds, with closing scheduled for July 1 pending shareholder approval on June 29.
- Less than 30% of CEPT Class A ordinary shares elected to redeem, driving the lower-than-expected redemption rate that cleared the path for Securitize to finalize the business combination.
- Following the July 1 closing, the combined entity will operate as Securitize Corp. and begin trading on the New York Stock Exchange on July 2 under ticker symbol "SECZ."
- CEO Carlos Domingo stated becoming a public company gives Securitize the "visibility, credibility, and capital" to lead the next phase of growth, with the firm managing $4B+ in assets.
- Tokenization of real-world assets has grown to more than $30 billion, with Boston Consulting Group and Ripple projecting $18.9 trillion by 2033, positioning Securitize as infrastructure provider for managers like BlackRock and KKR.
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Securitize and Cantor Equity Partners II Business Combination Expected to Raise Approximately $400 million in Gross Proceeds and Announce Expected Closing of Business Combination and NYSE Listing
Retained 71.5% of CEPT Trust; Business Combination Expected to Raise Approximately $400 million in Gross Proceeds; Expected Closing July 1, 2026, subject to CEPT shareholder approval; Combined Company Expected to Begin Trading on NYSE Under Ticker "SECZ" on July 2,…
BlackRock-backed Securitize targets $400M in NYSE market debut
Securitize has secured commitments expected to deliver about $400 million ahead of its planned New York Stock Exchange debut through a merger with Cantor Equity Partners II. According to Securitize, fewer than 30% of shareholders in Cantor Equity Partners II,…
Securitize Targets $400M Raise Before Public Market Debut
Tokenization platform Securitize is set to make its long-awaited leap into the public markets after reporting final redemption results for its merger partner, Cantor Equity Partners II (CEPT). According to Securitize’s filing, fewer than 30% of CEPT shareholders chose to redeem their shares—an outcome that improves the odds that the deal can move forward as scheduled. The company said the transaction is expected to generate approximately $400 mi…
CoinStats - Securitize Targets $400M Raise Before Public ...
Tokenization platform Securitize is set to make its long-awaited leap into the public markets after reporting final redemption results for its merger partner, Cantor Equity Partners II (CEPT). According to Securitize’s filing, fewer than 30% of CEPT shareholders chose to redeem their shares—an outcome that improves the odds that the deal can move forward as scheduled. The company said the transaction is expected to generate approximately $400 mi…
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