First reported by bsky
Securitize Lists on NYSE, Issues Tokenized Shares on Solana and Avalanche
Securitize goes public on NYSE, plans acquisitions with $400M war chest to expand tokenization business
By
Krisztian Sandor
1h ago· 3 min readenNews
Summary
Securitize (SECZ), a tokenization platform, has gone public on the NYSE via a SPAC merger with Cantor Equity Partners. CEO Carlos Domingo stated the company plans to use its $400 million war chest to pursue acquisitions to expand its institutional tokenization business, rather than buying competitors. The company aims to leverage its strong balance sheet to grow its platform in the digital asset tokenization space.
Source
bskySecuritize goes public on NYSE, plans acquisitions with $400M war chest to expand tokenization businesscoindesk.comKey quotes
· 2 pulledOne of the things we're going to be looking at is acquisitions because we obviously don't need $400 million to run the company.
We're going to have a very strong balance sheet.
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.
You might also wanna read
Securitize Becomes Largest Tokenized Stock as Sector Transfer Volume Hits $8.47 Billion
news.bitcoin.com·18h ago
Cryptocurrency exchanges begin offering tokenized securities
apnews.com·11mo ago
Tokenized Stocks: Limited Liquidity and Modest Opportunities in an Emerging Market
The article discusses the current state of tokenized stocks, arguing that the market is still nascent with limited liquidity and only ~2,290
ignasdefi.com·15d ago
SpaceX IPO validates crypto price discovery but excludes tokenized holders from allocations
SpaceX's highly anticipated IPO on June 12 raised $75 billion at $135 per share, valuing the company at over $2 trillion and making Elon Mus
cointelegraph.com·19d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.