BlackRock, Morgan Stanley-Backed Securitize to Make NYSE Debut on Thursday

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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BlackRock, Morgan Stanley-Backed Securitize to Make NYSE Debut on Thursday

Highlights

  • Securitize has received approval from Cantor Equity Partners II shareholders for proposed merger.
  • The tokenization platform's stock to begin trading on NYSE on July 2 under the ticker symbol SECZ.
  • CEPT stock jumped more than 19% amid merger approval.

Securitize, a leading tokenization platform backed by major financial institutions including BlackRock and Morgan Stanley, is set to debut on the NYSE this Thursday. The company will close its merger with Cantor Equity Partners II to trade under the ticker symbol SECZ.

Securitize Advances SPAC Merger to List Under ‘SECZ’ Ticker on NYSE

Tokenization platform Securitize has received approval from Cantor Equity Partners II shareholders for the proposed SPAC merger. The firm will become the first publicly traded tokenization infrastructure provider.

The merger is expected to close by Wednesday, subject to customary closing conditions satisfaction or waiver. Upon closing, the combined company will operate as Securitize Corp., with its stock expected to begin trading on the NYSE on July 2 under the ticker symbol SECZ.

“Cantor Equity Partners II shareholders approved the proposed business combination with Securitize, marking an important step toward the expected consummation of the transaction,” Securitize said in an X post on June 30.

Securitize expects to raise about $400 million with Cantor Fitzgerald-backed SPAC. SEC filing shows redemptions from SPAC investors remained low, signaling strong confidence in Securitize amid Wall Street’s growing interest in real-world tokenized assets.

CEPT Stock Surges Over 19% amid Merger Approval

Securitize leads among RWA tokenization platforms, with $4.1 billion in total value. It also powers BlackRock’s BUIDL tokenized money market fund, which has reached more than $2.2 billion in market value.

Securitize Leads among RWA Tokenization Platforms
Securitize Leads among RWA Tokenization Platforms. Source: RWAxyz

The company is backed by leaders including BlackRock, Morgan Stanley, Coinbase, Circle, and ARK Invest. Also, Securitize has even partnered with the NYSE to develop a 24/7 tokenized securities platform. It holds key regulatory licenses as a transfer agent, broker-dealer, and others, enabling compliant RWA tokenization.

As CoinGape reported earlier, Securitize partnered Jump Trading and Jupiter exchange to bring U.S. tokenized equities on-chain. Securitize CEO Carlos Doming stressed how scalability has changed in tokenized markets.

As a result of the merger approval, Cantor Equity Partners II (CEPT) stock closed 19.71% higher at $13 on Monday. The stock gained 1% further in after-market hours trading. CEPT stock is up by more than 22% over the past few days.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.