BlackRock-Backed Securitize Gets SEC Nod for $1.25B NYSE Deal

iEXExchanger
BlackRock-Backed Securitize Gets SEC Nod for $1.25B NYSE Deal

The SEC cleared Securitize's S-4 registration for its $1.25B merger with Cantor's SPAC, paving the way for a NYSE listing under SECZ with BlackRock among the key backers.

Securitize, the dominant infrastructure platform for real-world asset tokenization, cleared a major regulatory hurdle on June 5 when the SEC declared its S-4 registration statement effective. That procedural green light moves the company's planned business combination with Cantor Equity Partners II out of the agency's review queue and into a shareholder vote.

The vote is scheduled for June 29. If CEPT shareholders approve, the combined company will start trading on the NYSE under the ticker SECZ, valued at $1.25 billion pre-money. The SPAC is backed by Cantor Fitzgerald, Howard Lutnick's firm — the same Lutnick who serves as U.S. Secretary of Commerce in the Trump administration, making this one of the more politically connected blockchain deals in recent memory.

Every existing Securitize equity holder is rolling 100% of their stake into the new entity: BlackRock, Morgan Stanley Investment Management, ARK Invest, Blockchain Capital, Hamilton Lane, Jump Crypto, and Tradeweb Markets. BlackRock's involvement goes beyond a passive investment — it relies on Securitize's infrastructure to run BUIDL, its tokenized money market fund on Ethereum that crossed $2 billion in assets within its first year of operation.

The company's core product is infrastructure for issuing and managing tokens tied to real-world assets — real estate funds, Treasuries, private credit. Institutions use its platform to digitize illiquid holdings and trade them around the clock, without traditional intermediaries. Securitize says more than $60 billion in assets have moved through its platform to date.

A NYSE listing would make Securitize the first publicly traded company focused purely on RWA tokenization infrastructure. That shifts this sector from VC valuations to public market accountability — quarterly earnings calls, real-time stock prices, and analyst scrutiny. That kind of visibility has been absent from the tokenization buildout so far, and it is a fundamentally different test than raising another private round.

Questions and answers

Frequently asked questions about this article

What is Securitize and what does it do?

Securitize is the leading platform for tokenizing real-world assets (RWA) — real estate funds, Treasuries, private credit. It provides infrastructure for issuing and trading digital tokens tied to these assets. Its clients include BlackRock, Hamilton Lane, KKR, and other major financial institutions.

How does the SPAC deal with Cantor Fitzgerald work?

A SPAC (Special Purpose Acquisition Company) is a blank-check vehicle created specifically to merge with a private company and take it public. Cantor Equity Partners II, sponsored by Cantor Fitzgerald, is that vehicle. Once shareholders vote yes, Securitize merges with CEPT and begins trading on the NYSE as SECZ, bypassing a traditional IPO.

When will SECZ shares start trading on the NYSE?

The shareholder vote is set for June 29, 2026. If approved, SECZ shares are expected to begin trading on the NYSE shortly after closing, subject to customary conditions. The exact listing date will be confirmed once the merger formally closes.

Why is BlackRock invested in Securitize?

BlackRock is both an early equity investor in Securitize and an active client: it uses the platform to run BUIDL, its tokenized money market fund on Ethereum, which grew to over $2 billion in assets within its first year. BlackRock is rolling its full stake into the combined public entity rather than exiting.