BlackRock's Tokenizing Sidekick Securitize Hits NYSE as $SECZ Thursday 🚀

Securitize, a tokenization infrastructure provider backed by BlackRock and Morgan Stanley, is set to begin trading on the New York Stock Exchange on July 2 under the ticker symbol SECZ following shareholder approval of its merger with Cantor Equity Partners II. The deal is expected to close by Wednesday, subject to customary closing conditions being satisfied or waived, and the combined company will operate as Securitize Corp. Cantor Equity Partners II shares rose more than 19% after the merger approval was announced. Once the transaction is consummated, Securitize will become the first publicly traded tokenization infrastructure provider, bringing an on-chain securities platform into the public markets.

The merger was confirmed in a June 30 post on X, in which Securitize stated, "Cantor Equity Partners II shareholders approved the proposed business combination with Securitize, marking an important step toward the expected consummation of the transaction." Securitize expects to raise approximately $400 million as part of the deal in partnership with Cantor Fitzgerald. The deal structure is a special purpose acquisition company (SPAC) merger, a route Securitize has pursued to reach public market investors without a traditional initial public offering.

Securitize's roster of backers includes BlackRock and Morgan Stanley, two of the largest names in traditional finance, alongside other institutional investors that have supported the company's growth in tokenized securities and on-chain fund infrastructure. The platform has positioned itself as infrastructure for issuing, managing, and trading digital representations of real-world assets, a segment that has drawn increasing attention from asset managers exploring blockchain-based settlement.

Trading under $SECZ on July 2 will mark the first time a dedicated tokenization infrastructure company lists common equity on a major U.S. exchange, putting a public-market valuation and disclosure regime on a business model that has until now been funded privately. The company has not disclosed a final share price range ahead of the listing.