Tokenization Firm Securitize Aims for Public Listing Via SPAC Deal at $1.25B Valuation

Tokenization specialist Securitize is aiming for a public listing through a SPAC merger Cantor Equity Partners II (CEPT), the firm said on Tuesday. The deal values Securitize at $1.25 billion and will see the company list on Nasdaq under the ticker "SECZ," the firm added. Securitize also plans to tokenize its own equity, making its shares available to trade and transfer on blockchain rails. CEPT is lower by 6.5% in premarket trading at $12.00. Securitize's existing investors, including ARK Invest, Black ...