Securitize moves closer to NYSE listing after SEC clears SPAC merger filing

Tokenization platform Securitize is one step closer to a public listing on the New York Stock Exchange after the US Securities and Exchange Commission approved a key registration statement tied to its planned merger with a Cantor Fitzgerald-affiliated special purpose acquisition company. The regulator greenlit the Form S-4 filing from Cantor Equity Partners II and Securitize on Friday, moving the deal into its next phase. Carlos Domingo, co-founder and CEO of Securitize, said the approval marks "another important milestone for Securitize and for the broader institutional adoption of tokenization."

Shareholders are scheduled to vote on the transaction on June 29. If approved, the combined company will list on the NYSE under the name Securitize Corp, trading with the ticker "SECZ." Securitize reported $4 billion in assets under management and a first-quarter revenue of $19.5 million, up 39% from the prior-year period. The firm offers tokenized funds in partnership with Apollo, BlackRock, BNY, VanEck and others, and is described by RWA.xyz as the largest tokenization platform by market share.

The listing push comes amid a broader surge in tokenized real-world assets. Total onchain value for tokenized RWAs reached a record $32 billion in May, excluding stablecoins, representing an increase of approximately 220% over the previous 12 months, according to RWA.xyz. Nearly half of those assets are tokenized US Treasuries, while roughly 16% are tokenized commodities. Tokenized equities make up a smaller slice, at about 4.8% or $1.5 billion.

Ethereum and its layer-2 networks together account for more than 60% of tokenization market activity, underscoring the dominant role of the Ethereum ecosystem in hosting these products. In March, the NYSE signed a memorandum of understanding with Securitize as part of a broader effort to develop blockchain-based trading infrastructure for Wall Street, a tie-up that has gained visibility as the SPAC process has advanced. The SEC's recent approval adds a regulatory checkpoint to that trajectory without resolving the open question of when trading under the SECZ ticker will begin.