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Ahmed Barakat
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Securitize will begin trading on the New York Stock Exchange on July 2, 2026 under ticker symbol SECZ, following shareholder approval of its merger with Cantor Equity Partners II on June 29.
The deal raises approximately $400 million at a $1.25 billion pre-money valuation, making Securitize the first pure-play tokenization infrastructure company to list on a major U.S. exchange.
The combined entity will operate as Securitize Corp., with the merger formally closing on June 30. For the broader U.S. regulatory environment around crypto and capital markets, a regulated tokenization infrastructure firm reaching public-market scale on the NYSE is a structural data point, not just a corporate milestone.
Securitize was founded in 2017 and has built a regulated stack that includes SEC-registered broker-dealer, transfer agent, fund administrator, and ATS operator roles in the U.S., plus authorization under the EU DLT Pilot Regime in Europe. That licensing footprint is the competitive moat Benchmark Equity Research cited when it reiterated a ‘Buy’ rating with a $16 price target earlier in June.
The firm’s flagship client relationship is with BlackRock, whose BUIDL tokenized money market fund, administered on Securitize’s platform, has grown to over $3 billion in total value locked. Apollo, KKR, Hamilton Lane, and VanEck round out the institutional client roster.
Securitize CEO and co-founder Carlos Domingo framed the listing in terms of the sector’s trajectory rather than the firm’s alone: “Today, tokenization is moving into the mainstream, and we believe becoming a public company gives us the visibility, credibility, and capital to lead that next phase of growth,” he said.
Securitize Deal Mechanics: What a Sub-30% Redemption Rate Signals
The financing structure carries a detail worth isolating: fewer than 30% of Cantor Equity Partners II Class A shareholders chose to redeem their shares, leaving Securitize to retain over 71% of the SPAC trust.
That redemption rate is low by recent SPAC norms, where redemptions frequently exceed 80% or 90%, and it suggests institutional holders remained in rather than cashing out at the trust price.
The $400 million total raise incorporates a $225 million PIPE that was oversubscribed. An oversubscribed PIPE on a tokenization infrastructure deal in mid-2026 reflects genuine institutional demand, not promotional mechanics.
Combined with Q1 2026 revenue of $19.5 million, up 39% year-over-year – the financial profile entering the public market is not speculative-stage.
RWA Tokenization at Scale: What Securitize’s NYSE Debut Means for the Sector
The broader real-world assets market has grown sharply: The 15 leading RWA tokenization protocols expanded 128% in total value over the past year, from $9.55 billion to $21.84 billion as of June 29, 2026.
Separate estimates place the on-chain RWA market closer to $32 billion when accounting for a wider protocol set. Securitize is not the only infrastructure provider in this space, but it is the one now trading on a major exchange with a public currency to deploy.
The NYSE relationship runs deeper than just the listing venue. Securitize has signed a memorandum of understanding with NYSE to serve as digital transfer agent for a new 24/7 tokenized stock and ETF trading platform using on-chain settlement and stablecoin funding.
That makes SECZ simultaneously a listed equity and a key plumbing partner to the exchange itself, an unusual dual role that positions the firm inside the infrastructure of traditional capital markets rather than adjacent to it.
The parallel is visible elsewhere in the sector: tokenization infrastructure is already being used for institutional instruments like sovereign climate bonds, a signal that the technology has moved past proof-of-concept into live market use.
What to Watch After SECZ Opens
The first trading session on July 2 will establish a public market reference point for tokenization infrastructure as an asset class.
The Benchmark $16 price target gives the market an analyst anchor, but price discovery on day one will reflect how generalist equity investors, not just crypto-native capital, value regulated tokenization rails at 1x revenue scale.
Post-listing disclosures on capital deployment, the tokenized-equity roadmap, and any new institutional partnerships will be the next substantive signals. Securitize’s internal estimate puts the total addressable market for RWA tokenization at $19 trillion.
Whether that framing holds up under public-company scrutiny is a different question than whether the business is real. The business is real. The valuation conversation starts July 2.
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