Securitize, the tokenization specialist backed by BlackRock, has cleared a major regulatory hurdle in its plan to become a publicly traded company. The U.S. Securities and Exchange Commission has declared Securitize's S-4 Registration Statement effective, clearing the way for its merger with Cantor Equity Partners II (CEPT), a Nasdaq-listed SPAC sponsored by an affiliate of Cantor Fitzgerald. The deal is valued at $1.25 billion pre-money equity value and includes a committed $225 million PIPE in common stock. A shareholder vote is scheduled for June 29, 2026, with closing expected shortly thereafter pending customary conditions. Following completion of the transaction, the combined entity will be renamed Securitize Corp., with its shares anticipated to trade on the NYSE under the ticker SECZ.
The tokenization sector has demonstrated remarkable growth, with the tokenized asset market nearly tripling in a year to surpass $30 billion, according to RWA.xyz data. As reported by CoinDesk, Securitize has delivered exceptional financial performance with revenue growing roughly 10x over the trailing six quarters and 841% year-over-year revenue growth as it prepared to go public. The company has guided to revenue rising from about $69 million in 2025 to roughly $110 million in 2026, with assets under administration projected near $9 billion. Securitize also reported being profitable in 2025 at EBITDA margins in the mid-20s, providing real financial figures rather than projections for institutional investors. In recent months, the company has posted $1.9 billion in transaction volume in the first quarter of the year, demonstrating continued strong operational performance.
Securitize has established itself as one of the sector's most prominent infrastructure providers, supplying the tokenization, transfer-agent and trading technology behind products from firms including BlackRock, Apollo, KKR, Hamilton Lane and VanEck. The company runs the tokenization technology behind BlackRock's BUILD, one of the largest tokenized Treasury funds in the market. Existing backers including ARK Invest, BlackRock, Jump Crypto, Morgan Stanley Investment Management, Hamilton Lane, Blockchain Capital and Tradeweb Markets are rolling all of their ownership into the combined entity rather than cashing out. Since announcing the deal in October 2025, Securitize has added strategic collaborations with the New York Stock Exchange on tokenized equities trading platform, Computershare on issuer-sponsored tokenized shares, and trading integrations with firms such as Jump Trading and Jupiter. The company services roughly 650 funds through its Securitize Fund Services and most recently raised funds during a strategic $47 million funding round in 2024 led by BlackRock.
The company operates U.S. operations spanning an SEC-registered broker-dealer and ATS, a registered transfer agent, an exempt reporting adviser and a fund administration business, while in Europe it operates a licensed investment firm with a trading and settlement system under the EU DLT Pilot Regime. The move comes as tokenization has emerged as one of the fastest-growing trends in finance, attracting growing interest from global banks and asset managers including BlackRock, Franklin Templeton, JPMorgan and Fidelity. Securitize is notable as an SEC-registered transfer agent and broker-dealer whose business is issuing and administering tokenized versions of real-world assets, making it different from most crypto companies that have gone public. The company plans to tokenize its own equity as part of the process, demonstrating that the public-company lifecycle can move on-chain and serving as a test for other corporate equity tokenization. As reported by The Block, CEO Carlos Domingo stated that "Becoming a public company would position Securitize to continue scaling that infrastructure globally as tokenization increasingly becomes part of mainstream financial markets."
