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Tokenization company Securitize clears key SEC hurdle for NYSE listing

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The firm announced that the US securities regulator has declared its S-4 registration statement effective, bringing it closer to a SPAC merger with Cantor Equity Partners II.

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Real-world asset tokenization platform Securitize is one step closer to going public via a special acquisition company (SPAC) merger, after one of its filings was approved by the US Securities and Exchange Commission. The regulator approved the Form S-4 registration statement from Cantor Equity Partners II, a publicly traded special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald, and Securitize on Friday. Carlos Domingo, co-founder and CEO of Securitize, said the move marks “another important milestone for Securitize and for the broader institutional adoption of tokenization.” Shareholders are set to vote on June 29, and if approved, the combined company will list on the New York Stock Exchange as Securitize Corp, or “SECZ,” giving investors access to one of the largest real-world asset tokenization companies in the world.

Read full article at Cointelegraph →

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