Securitize explores a $1B SPAC merger with Cantor Fitzgerald, aiming for a public debut as RWA tokenization demand quickly grows.
Tokenization agency Securitize is actively exploring a public itemizing. This transfer might occur through a merger with a blank-check firm. Particularly, the SPAC is sponsored by a finance big known as Cantor Fitzgerald. Bloomberg reported this important improvement not way back. Consequently, the deal might worth Securitize at greater than $1 billion. This may safe a “unicorn” valuation for the highest tokenization agency.
RWA Pioneer Seeks Public Market Debut By way of SPAC Route
Securitize at the moment has an enormous portfolio underneath its watch. The agency manages the $4.62 billion price of tokenized real-world asset (RWA) worth. This quantity is based on trade knowledge tracker RWA.xyz. For that reason, the potential valuation has a bearing on its market management. The corporate is a recognized pioneer within the digital securities house.
A SPAC is a publicly traded shell firm. It raises capital in an effort to purchase a non-public firm. As soon as the merger is over, the non-public firm immediately turns into public. Thus, this route doesn’t must undergo the normal, prolonged technique of the preliminary public providing (IPO).
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Bloomberg’s report affirms that Securitize continues to be contemplating the plan. Nevertheless, finally the agency could determine to stay non-public. In actual fact, the choice is a fancy one and takes a great deal of deliberation. This cautionary place is widespread for firms contemplating public markets.
Quite a lot of firms which can be crypto-focused have taken this path of an SPAC up to now. For example, Bakkt went public by means of a SPAC merger. This path to acquisition was additionally used efficiently by Core Scientific. Core was later purchased by CoreWeave for an enormous $9 billion.
Circle, the corporate behind the USDC stablecoin, additionally tried its hand at doing a SPAC. They introduced a deliberate merger with the Harmony Acquisition Corp in 2021. Nonetheless, such a deal was finally terminated by mutual settlement. Circle later went public with a blockbuster debut earlier this yr.
Bounce Crypto Joins BlackRock in Backing Securitize’s RWA Tokenization Imaginative and prescient
The potential public itemizing may very well be completed by means of a selected car. It might make use of Cantor Fairness Companions II, Inc. (CEPT). That is Cantor Fitzgerald’s clean verify firm. CEP went public earlier on the Nasdaq. Particularly, it managed to lift $240 million throughout its preliminary public providing.
The acquisition will probably be structured by means of this SPAC entity. Discussions between the 2 corporations are at the moment underway. Nonetheless, Securitize has not absolutely dedicated to the deal construction but. It is a essential dedication that marks the ultimate step in finishing the transaction.
Cantor Fitzgerald is a number one and established finance firm. They’re the sponsors of the SPAC that’s looking for the merger. The SPAC is headed by the corporate’s chairman, Brandon Lutnick. As well as, Lutnick is the son of the present U.S. Secretary of Commerce, Howard Lutnick.
The participation of such a well-integrated monetary establishment is vital. It carries nice credibility with the entire proposed merger. Due to this fact, resulting from this backing, Securitize is a really enticing prospect for institutional buyers. This high-profile help mitigates skepticism out there as to the valuation.
Securitize has already attracted sturdy help from main buyers. Particularly, some high-profile backers are BlackRock and Morgan Stanley Tactical Worth. In addition they have Blockchain Capital and Coinbase Ventures as their buyers. Moreover, Bounce Crypto took a strategic stake in Might 2025.
This extensive web of economic help provides Securitize extra credibility all over the world. The corporate is in place to faucet into the rising demand for tokenized property. On the finish of the day, the success of this potential SPAC deal will go a good distance in direction of validating your complete RWA sector. It’ll give a really clear blueprint to different tokenization corporations.
