BlackRock-backed Securitize clears SEC hurdle to list on…

Securitize, the tokenization infrastructure firm backed by BlackRock, cleared a critical regulatory milestone Friday after the SEC declared its merger registration statement effective. The combined company is set to trade on the New York Stock Exchange under the ticker "SECZ" following a shareholder vote scheduled for June 29.

Why it matters

Securitize is not a peripheral player — it is the backbone of the tokenized asset industry's most prominent products. The firm powers BlackRock's BUIDL fund, one of the largest tokenized Treasury products on the market, and supplies tokenization, transfer-agent and trading technology to Apollo, KKR, Hamilton Lane and VanEck. It is also helping the NYSE itself build its tokenized securities platform. A public listing gives the sector a liquid, regulated benchmark stock at a moment when the tokenized asset market has surpassed $30 billion and is projected by Citi to reach $5.5 trillion by 2030.

Market impact

The listing path stands out because several crypto-adjacent firms — including Kraken and Consensys — have shelved IPO plans amid market turbulence. Securitize pressing forward signals institutional confidence in the RWA tokenization vertical specifically. The merger is with Cantor Equity Partners II, a SPAC sponsored by a Cantor Fitzgerald affiliate, adding another Wall Street heavyweight to the cap table. If the June 29 vote clears, SECZ could begin trading shortly after, giving public-market investors their first direct handle on tokenization infrastructure.