BBX Information: Yesterday, the merger between Securitize and Cantor Fairness Companions II was formally accomplished, and the corporate will record on the New York Inventory Change on July 2 underneath the ticker image SECZ, changing into the primary pure-play RWA tokenization infrastructure firm listed on a serious U.S. change. On the identical day, Hyperscale Information disclosed holdings of 780 bitcoins; mixed with money and silver, its complete onerous property quantity to roughly $106.7 million—surpassing its frequent market capitalization by 117%. The 2 corporations symbolize two distinctly completely different pathways and circumstances for crypto property coming into public markets.
Key Highlights:
— Securitize Corp. (upcoming NYSE: $SECZ): Shareholder approval on June 29; merger accomplished on June 30; NYSE itemizing scheduled for July 2 (ticker: SECZ); raised roughly $400 million (together with $225 million in PIPE, the most important operational SPAC PIPE since 2021); Class A redemption charge beneath 30%; manages over $4 billion in tokenized property, representing roughly 20% of the RWA market; purchasers embody BlackRock BUIDL (~$3.1 billion), Apollo, KKR, Hamilton Lane, and VanEck; signed an MOU with NYSE to present digital switch agent providers for its 24/7 tokenized inventory platform; its personal SECZ fairness will probably be tokenized to allow dual-listing on the platform; Benchmark issued a “Purchase” score with a $16 value goal; faces patent dispute with tZERO.
— Hyperscale Information (NYSE American: $GPUS): On June 29, disclosed possession of 780.4838 BTC (roughly 49.25 BTC acquired by subsidiary ACG between June 21–29); complete onerous property—BTC plus money, restricted money, and 10,000 ounces of silver—quantity to roughly $106.7 million, representing about 117.06% of its frequent market capitalization; BTC market worth is ~$46.9 million (common value: $60,138); Government Chairman Ault III: “Market sentiment is totally disconnected from the information”; operates bitcoin mining and AI knowledge facilities by means of subsidiary Sentinum; plans to spin off ACG in Q2 2027 to focus solely on high-performance computing and digital property.
Supply: bbx.com
