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Securitize in talks to go public via Cantor’s blank-check firm: Report

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 124 Views

The reported potential merger could make Securitize one of the first major tokenization companies to go public, signaling rising Wall Street demand for onchain finance.

Securitize, the tokenization platform behind several major blockchain-based investment products, including BlackRock’s tokenized US Treasury fund, is reportedly in talks with Cantor Fitzgerald to go public via a Special Purpose Acquisition Company (SPAC).

Bloomberg reported Friday, citing anonymous sources, that Securitize is in discussions to merge with Cantor Equity Partners II Inc., a blank-check firm backed by Cantor Fitzgerald. The deal could value Securitize at more than $1 billion, the report said.

Securitize did not immediately respond to Cointelegraph’s request for comment.

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