New updates have been reported about Securitize (PC:SECUR)
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Securitize, Inc., a leader in the tokenization of real-world assets, has taken a significant step towards going public by confidentially submitting a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC). This submission is part of a proposed business combination with Cantor Equity Partners II, Inc. (CEPT), a special purpose acquisition company. Once the transaction is finalized, the combined entity will be named Securitize Corp. and is expected to be listed on Nasdaq under the ticker symbol ‘SECZ’.
CEO Carlos Domingo emphasized the importance of this milestone, highlighting Securitize’s eight-year journey in building the necessary regulatory and technological infrastructure to support onchain finance. The transaction’s completion is contingent upon customary closing conditions, including shareholder approval from CEPT and the effectiveness of the registration statement. Securitize currently manages over $4 billion in assets under management through tokenized funds and equities, collaborating with prominent asset managers like Apollo and BlackRock. This move aligns with Securitize’s strategic vision to make regulated, onchain finance more accessible globally, potentially impacting institutional investors and the broader financial market.