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

FinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSEThe 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 readMake preferred on 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 su…

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

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