BlackRock-Backed Securitize Eyes Nasdaq Listing at $1.25 Billion Valuation Via SPAC Deal

Core Viewpoint - Securitize plans to go public through a merger with Cantor Equity Partners II, valuing the company at $1.25 billion, and will trade on Nasdaq under the ticker "SECZ" [1] Group 1: Merger and Financial Projections - The proposed merger is expected to generate up to $469 million in proceeds from a private placement in public equity and Cantor Equity Partners II's trust account [2] - Existing investors, including BlackRock, ARK Invest, and Morgan Stanley Investment Management, will have their equity rolled into the combined entity [2] Group 2: Market Context and Company Operations - Cantor Equity Partners II's stock price fell 7% to $11.93, reflecting market reactions [3] - Securitize provides a platform for managing the issuance of real-world assets on-chain, including stocks and money market funds, and previously assisted BlackRock in launching a $2.8 billion Institutional Digital Liquidity Fund [3][4] Group 3: Industry Trends and Future Outlook - The tokenization sector, currently underpinned by $22 billion in real-world assets, is projected to grow to $5 trillion by the end of the decade according to Citi analysts [5] - Securitize's public debut is anticipated early next year, contingent on regulatory processes and the resolution of the U.S. government shutdown [6]