One of America’s most important tokenization companies is getting ready to hit Wall Street next.

What’s happening:

  • Tokenization company Securitize has entered into a business combination agreement with Cantor Equity Partners II (NASDAQ: CEPT)

By the numbers:‍

  • The new SPAC deal will aim to provide Securitize with more than $469M USD in new growth capital and values Securitize at approximately $1.25B USD

Why it matters:‍

  • Securitize is one of the most important companies in asset tokenization and has existing partnerships with asset management giants including BlackRock, Apollo and VanEck

Going deeper:‍

  • Securitize is the first ever company to be win regulatory approval from the United States Securities and Exchange Commission to be a registered transfer agent capable of offering digital securities on the blockchain
  • BlackRock partnered with Securitize to launch the first ever tokenized money market fund directly on the blockchain and is also one of the largest institutional investors in Securitize

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