Securitize moves ahead with SPAC merger after reporting explosive revenue growth

Securitize has formally advanced its plan to become a publicly traded company by submitting a registration statement tied to a proposed merger with Cantor Equity Partners II, the SPAC backed by Cantor Fitzgerald. The company disclosed $55.6 million in revenue for the first nine months of 2025, reflecting an 841% jump against the comparable period in 2024, while reporting $18.8 million in total revenue for 2024. If the transaction gains the necessary approvals, Securitize would begin trading on Nasdaq under the SECZ ticker. In trading around the announcement, shares of CEPT rose roughly 4.4%, bucking broader weakness in crypto-linked equities and major tech names. Securitize operates infrastructure that converts conventional instruments — such as treasuries, funds and equity stakes — into blockchain-based tokens that can be issued, managed and exchanged more efficiently. The move to list comes amid accelerating institutional activity in tokenized products, with large banks and asset managers incorporating on-chain offerings into their strategies. Independent industry studies project substantial long-term expansion for tokenized assets, underpinning investor interest in platforms that can bridge traditional capital markets and distributed ledgers. Yet the pathway to a public listing brings regulatory scrutiny, disclosure obligations and shareholder votes that could reshape deal economics or timing. Market volatility in crypto and equities introduces execution risk and could influence pricing when the merger is finalized. For Securitize, a successful listing would provide both capital to scale and a public valuation benchmark that could catalyze partnerships with incumbents. However, public-market pressures may also accelerate short-term revenue targets and shift product prioritization. The outcome will signal whether tokenization platforms can translate rapid revenue growth into durable, regulated market offerings that attract institutional custody, liquidity and compliance frameworks. Overall, the filing is a pivotal moment for a company positioning itself at the center of the nascent tokenized-assets ecosystem, but its trajectory depends on approvals and evolving market sentiment.