Securitize to raise $400 million ahead of public debut

Securitize expects to raise about $400 million as it prepares to go public through a merger with Cantor Fitzgerald-backed special purpose acquisition company Cantor Equity Partners II (CEPT). Following lower-than-expected shareholder redemptions, the business combination is now expected to generate roughly $400 million in gross proceeds, including private investment in public equity financing.

CEPT was 8% higher after the announcement. The transaction is scheduled to close on July 1, pending shareholder approval on June 29 and other customary closing conditions. The combined company is expected to begin trading on the New York Stock Exchange the following day under the ticker SECZ.

Tokenization — representing assets such as funds, bonds and private credit on blockchain networks — has become one of Wall Street’s fastest-growing digital asset initiatives.

United States, New York

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