Securitize, Inc., the tokenization platform backed by BlackRock, is moving toward a public debut on the New York Stock Exchange (NYSE) following a major regulatory breakthrough. On June 5, 2026, the U.S. Securities and Exchange Commission (SEC) declared effective the S-4 registration statement for Securitize’s proposed merger with Cantor Equity Partners II, Inc.
(CEPT). This development clears the way for a special purpose acquisition company (SPAC) merger that would list the combined entity, Securitize Corp., under the ticker symbol “SECZ.”
The deal represents a significant bridge between traditional Wall Street infrastructure and the digital asset market. Carlos Domingo, Co-Founder and CEO of Securitize, stated that becoming a public company will allow the firm to scale its infrastructure globally as tokenization enters the financial mainstream.
Shareholders of Cantor Equity Partners II, which is sponsored by an affiliate of Cantor Fitzgerald, are scheduled to vote on the merger at a special meeting on June 29, 2026.
This path to the public markets reflects a growing institutional appetite for digital financial rails. While some market segments have struggled with volatility, long-term projections for digital assets through 2030 suggest a total market for tokenized real-world assets (RWAs) could reach $5.5 trillion, according to data from Citi.
Securitize’s transition to the NYSE would mark one of the most prominent listings for a firm purely focused on tokenization technology.
BlackRock’s RWA strategy and the BUIDL fund
Securitize has established itself as a primary partner for BlackRock’s foray into on-chain finance. The firm currently serves as the transfer agent for BlackRock’s BUIDL fund, a tokenized money market fund that has seen rapid growth since its 2024 launch. As of May 23, 2026, BlackRock’s BUIDL Fund holds over $1.7 billion in U.S. Treasuries, demonstrating the scale of institutional on-chain investment products.
The partnership between the two companies was cemented in 2024 when BlackRock led a $47 million funding round for Securitize. Other backers in that round included Hamilton Lane, ParaFi Capital, and Tradeweb Markets. This funding supported Securitize’s expansion, leading the firm to reach an average tokenized assets under management (AUM) of $3.
2 billion in the first quarter of 2026, rising to $3.4 billion by the end of March.
Looking forward, Securitize is expanding its collaboration with BlackRock to support the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle. This represents the second tokenized fund the firms are launching together. As more traditional products move on-chain, industry players are increasingly focused on the long-term utility of digital assets as tools for financial settlement rather than just speculative trading.
Revenue growth and first quarter 2026 financials
Financial data filed ahead of the merger shows Securitize in a period of rapid top-line growth. The firm reported Q1 2026 revenue of $19.5 million, which marks a 39% increase from the first quarter of 2025. Transaction volume on the platform also reached a significant $1.9 billion during the same three-month period.
However, the costs of scaling a global regulated platform have weighed on short-term profits. Adjusted EBITDA for Q1 2026 was $0.8 million, down from $4.1 million in the prior year’s first quarter. The company also recorded a net loss of $7.9 million, or $0.88 per diluted share, for the quarter ending March 31, 2026.
Integration with Cantor Fitzgerald and analyst outlook
The merger with Cantor Equity Partners II ties Securitize to Cantor Fitzgerald, an institutional heavyweight with deep roots in the capital markets. Cantor Equity Partners II currently has a market capitalization of $386 million. As of June 5, 2026, CEPT shares were trading at $12.22, a price that is up 12% on a year-to-date basis despite a 7% dip over the last week.
External analysts have begun weighing in on the prospective value of the combined company. One analyst price target for CEPT sits at $16, which suggests a 27% upside potential if the merger is completed and the company executes its growth strategy. This target is buoyed by the expanding RWA market, which exceeded $31 billion in total value by mid-2026 according to research from RWA.xyz.
Securitize currently provides infrastructure services to more than 650 funds globally. Its client list includes major financial institutions such as Apollo Global Management, KKR, Hamilton Lane, and VanEck. Additionally, the company has partnered with BNY on the Securitize Tokenized AAA CLO Fund (STAC), with BNY serving as the custodian for the fund’s underlying assets.
Market implications for the tokenization industry
If shareholders approve the deal on June 29, the transaction is expected to close shortly thereafter. Securitize’s presence as a public company on the NYSE would likely increase transparency in the tokenized asset sector. As an SEC-registered broker-dealer and operator of an Alternative Trading System (ATS), the firm is already subject to significant U.S. oversight.
The firm is also expanding its footprint in Europe, where it operates as an authorized Investment Firm under the EU DLT Pilot Regime. This multi-jurisdictional regulatory approach allows Securitize to service issuers and investors across the world’s most active financial centers.
This global reach is critical as some estimates, including a joint report from Ripple and Boston Consulting Group, suggest the RWA market could grow to $18.9 trillion by 2033.
Ultimately, the success of Securitize Corp. on the public market will be viewed as a litmus test for the “tokenization of everything” thesis. By providing the technology and regulatory framework required to move traditional shares and funds onto blockchains, the company is positioning itself as a central utility in the next generation of financial markets infrastructure.
