Tokenization platform Securitize is gearing up for an early July debut on the New York Stock Exchange through a SPAC merger that would deliver roughly $400 million to the company.
Securitize, which lets businesses issue and manage tokenized securities on-chain, says it will keep more than 70% of the SPAC trust. That’s a strong signal of confidence from the company’s leadership in its own long-term value.
The deal comes at a moment when Wall Street is warming up to tokenized assets. BlackRock, JPMorgan, and Franklin Templeton have all launched tokenization products in the past year. Securitize has been in the space since 2017, making it one of the older players.
Under CEO Carlos Dominguez, the firm has worked with over 3,000 clients and tokenized more than $4 billion in assets. The SPAC listing would give it a public currency and far more visibility.
If the merger closes on schedule, Securitize would be among the first pure-play tokenization firms to list on a major U.S. exchange.
