BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE The tokenization specialist behind BlackRock's BUIDL fund could begin trading on the NYSE as SEC approves merger registration. By Krisztian Sandor | Edited by Nikhilesh De Jun 5, 2026, 4:46 p.m. 2 min read Make preferred on Securitize CEO Carlos Domingo (Securitize) What to know : Securitize cleared a major regulatory hurdle in its plan to become a publicly traded company. Shareholders are set to vote on the merger with Cantor-backed SPAC on June 29, with closing expected shortly afterward. The move comes after several crypto firms have halted plans to go public amid turbulent crypto markets. Securitize, the tokenization specialist backed by BlackRock, moved a step closer to becoming a publicly traded company after the U.S. Securities and Exchange Commission approved a key filing tied to its planned merger with a special purpose acquisition company (SPAC). The agency declared Securitize's registration statement for its proposed combination with Cantor Equity Partners II (CEPT) effective. The merger is with a blank-check company sponsored by an affiliate of Cantor Fitzgerald, the companies said Friday. The deal now heads to a shareholder vote scheduled for June 29. If approved, the transaction is expected to close shortly thereafter, with the combined company trading on the New York Stock Exchange under the ticker "SECZ." The milestone comes as tokenization has emerged as one of the fastest-growing trends in finance. The process involves creating blockchain-based representations of traditional assets such as funds, bonds, private credit and equities. Proponents argue the technology can reduce settlement times, lower costs and enable assets to trade around the clock. The market has attracted growing interest from global banks and asset managers including BlackRock, Franklin Templeton, JPMorgan and Fidelity. The tokenized asset market nearly tripled in a year surpassing $30 billion, RWA.xyz data shows. Citi has projected tokenized assets could reach $5.5 trillion by 2030, while a joint report from Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033. Securitize has become one of the sector's most prominent infrastructure providers, supplying the tokenization, transfer-agent and trading technology behind products from firms including BlackRock, Apollo, KKR, Hamilton Lane and VanEck. The company's highest-profile partnership is with BlackRock's BUIDL fund, a tokenized money market fund launched in 2024 that has grown into one of the largest tokenized Treasury products in the market. The firm is also helping the New York Stock Exchange build its tokenized securities platform earlier this year. Securitize going forward with its plan to go public is notable as several crypto companies such as Kraken and Consensys have halted efforts amid turbulent crypto markets. Tokenization More For You Moomoo expands into prediction markets through Kalshi partnership By Will Canny , AI Boost | Edited by Nikhilesh De Jun 4, 2026 Retail trading platform moomoo has partnered with Kalshi to offer CFTC-regulated event contracts tied to economic data, elections and major sporting events directly within its app. What to know : Moomoo users can now trade Kalshi event contracts tied to Federal Reserve decisions, inflation reports, elections and global sporting events. The move expands moomoo's product lineup as it pushes further into crypto and alternative trading products. Read full story Latest Crypto News Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000 46 minutes ago U.S. House tax committee weighs crypto bills, including relief for small transactions 58 minutes ago Alsobrooks says Clarity Act needs ethics deal before Senate vote 1 hour ago Bitcoin loses $60,000, falls to weakest price since October 2024 1 hour ago XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows 1 hour ago CoinDesk 20 performance update: Bitcoin (BTC) price drops 2.8% as index declines 3 hours ago Top Stories U.S. job growth blows past forecasts, setting stage for Fed rate hikes 3 hours ago Zcash plummets 38% as Shielded Labs reveals a major bug that went undetected for four years 11 hours ago Live updates: bitcoin tumbles to $60,000 as blowout jobs data, Zcash bug keeps pressure on crypto 4 hours ago JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network 7 hours ago Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed 4 hours ago Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels 6 hours ago