Tokenization · SEC · JPMorgan · CoinDesk
The agency declared Securitize's registration statement for its proposed combination with Cantor Equity Partners II (CEPT)
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The deal now heads to a shareholder vote scheduled for June 29.
Key facts
- Citi has projected tokenized assets could reach $5.5 trillion by 2030, while a joint report from Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033
- The agency declared Securitize's registration statement for its proposed combination with Cantor Equity Partners II (CEPT) effective
- The deal now heads to a shareholder vote scheduled for June 29
- The company's highest-profile partnership is with BlackRock's BUIDL fund, a tokenized money market fund launched in 2024 that has grown into one of the largest tokenized Treasury products
Summary
Securitize cleared a major regulatory hurdle in its plan to become a publicly traded company. Shareholders are set to vote on the merger with Cantor-backed SPAC on June 29, with closing expected shortly afterward. The move comes after several crypto firms have halted plans to go public amid turbulent crypto markets. Securitize, the tokenization specialist backed by BlackRock, moved a step closer to becoming a publicly traded company after the U.S. Securities and Exchange Commission approved a key filing tied to its planned merger with a special purpose acquisition company (SPAC). The agency declared Securitize's registration statement for its proposed combination with Cantor Equity Partners II (CEPT) effective.