Securitize gets SEC OK for SPAC merger, to list as SECZ

The U.S. Securities and Exchange Commission approved the Form S-4 registration statement for Securitize and Cantor Equity Partners II on Friday, clearing a regulatory step toward a SPAC merger. Shareholders will vote on June 29 on whether to combine the companies; if approved the new public company would list on the New York Stock Exchange as Securitize Corp, ticker SECZ.

Cantor Equity Partners II is a publicly traded special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald. The Form S-4 registers shares of the combined entity and is required to complete the transaction and move forward with listing.

Securitize operates a platform that tokenizes real-world assets. The company reports $4 billion in assets under management and has worked with asset managers including Apollo, BlackRock, BNY and VanEck to offer tokenized funds. Securitize reported first-quarter revenue of $19.5 million, a 39% increase from the same period a year earlier.

In March, Securitize and the New York Stock Exchange signed a memorandum of understanding to explore blockchain-based trading infrastructure for traditional markets.

On-chain tokenized real-world assets reached about $32 billion in May, excluding stablecoins, a rise of roughly 220% over the prior 12 months, according to RWA.xyz. Nearly half of on-chain tokenized assets are U.S. Treasuries. Tokenized commodities account for about 16%, while tokenized stocks represent roughly 4.8%, or $1.5 billion. Ethereum and layer-2 networks together host more than 60% of tokenized RWA activity.

Carlos Domingo, co-founder and chief executive of Securitize, described the SEC approval as ‘another important milestone for Securitize and for the broader institutional adoption of tokenization,’ according to the companies’ filing announcing the approval.

If shareholders approve the merger and other closing conditions are met, the combined company will trade on the NYSE as SECZ.