Securitize Begins NYSE Trading Next Week Under 'SECZ' After $400M SPAC Merger

Securitize, the BlackRock-backed tokenization company, is set to begin trading on the NYSE next week under the ticker symbol 'SECZ,' following completion of a merger with Cantor Equity Partners II. The company expects to raise approximately $400 million in proceeds from the combination and related private financing, after investors owning less than 30% of the blank-check firm's shares elected to redeem their holdings this week.

Securitize specializes in digital representations of real-world assets and has become a key infrastructure provider for major institutions including Apollo, BNY Mellon, Hamilton Lane, and KKR. As of June, the company manages over $4 billion in assets, with BlackRock's BUIDL tokenized money market fund representing the largest product at approximately $2.4 billion.