Key Takeaways
- Securitize, a leading platform in asset tokenization, is going public via a SPAC merger with Cantor Equity Partners II Inc.
- The agreement prices Securitize at $1.25 billion ahead of listing and could bring in roughly $465 million in gross capital.
Securitize, a tokenization platform backed by BlackRock, plans to go public through a merger with Cantor Equity Partners II Inc., a special purpose acquisition company preparing for tokenized stock offerings in the blockchain space.
Securitize has partnered with BlackRock, a global asset manager expanding into tokenized funds, to issue the BUIDL tokenized Treasury fund, which is now accepted as collateral on major crypto platforms.
BlackRock’s tokenized assets, managed through Securitize, have expanded to additional blockchains like Aptos, enabling broader institutional access to digital asset products.
Source: https://cryptobriefing.com/securitize-spac-blackrock-tokenized-stocks/