Cantor Equity Partners II shareholders voted Monday to greenlight a merger with Securitize, removing the final regulatory barrier before the combined entity lists on the New York Stock Exchange on July 2 under ticker SCTY. The deal marks the first time a U.S. tokenization platform has entered public markets.
Securitize has spent eight years building infrastructure for issuing and managing tokenized assets on blockchain. The company processes roughly $2 billion in on-chain transactions annually, according to The Defiant. It handles everything from cap tables to shareholder registries for clients, plugging into traditional settlement and custody workflows.
The SPAC structure—merging with a special-purpose acquisition company rather than raising capital through a traditional IPO—typically avoids some roadshow mechanics but still requires SEC review and investor approval. Cantor's shareholders signed off Monday, clearing the path for July 2 trading.
Public-market access gives Securitize a direct fundraising channel and higher profile at a moment when asset tokenization remains a fringe play in mainstream finance. Regulators and incumbents are watching how on-chain issuance evolves, particularly whether it can integrate cleanly with custody, settlement, and investor-protection rules that govern traditional securities markets. The company's public status will invite fresh scrutiny on both fronts.
For institutional clients weighing tokenization, the NYSE listing may signal operational durability and regulatory acceptance. Public markets also demand consistent earnings and shareholder returns, a different pressure from private-company growth metrics. Securitize must now prove that tokenized-asset infrastructure can sustain a profitable business model at scale.