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Securitize Explores Cantor Fitzgerald SPAC Deal That Could Top $1 Billion

The tokenization platform is weighing a blank-check listing route after a news report lifted Cantor Equity Partners II shares.

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Report: tokenization firm securitize weighs $1b spac deal with cantor fitzgerald

Overview

  • Securitize is in talks on a potential merger with Cantor Equity Partners II, according to reporting that the companies have not confirmed.
  • A deal under discussion would value Securitize at more than $1 billion, though the firm may still choose to remain private.
  • Shares of Cantor Equity Partners II rose by more than 12.5% following the report of the possible transaction.
  • The SPAC raised about $240 million in its Nasdaq IPO and holds the proceeds in a trust for an acquisition.
  • Securitize oversees roughly $4.62 billion in tokenized assets and administers BlackRock’s BUIDL fund with more than $2.8 billion, backed by investors including BlackRock, Morgan Stanley Tactical Value, Blockchain Capital, Coinbase Ventures, and Jump Crypto.