Securitize Anticipates $400 Million Raise Ahead of NYSE Debut
The tokenization firm Securitize, backed by BlackRock, is set to finalize its SPAC merger next week, pending shareholder approval, and aims to start trading on the NYSE.
Editorial Staff
1 min read
Updated 3 days ago
Securitize is preparing for its public debut on the NYSE, with plans to close its SPAC merger next week, contingent on shareholder approval.
The company expects to secure approximately $400 million from the SPAC transaction while retaining over 70% of its SPAC trust.
Once the merger is completed, Securitize will trade under the ticker symbol 'SECZ', marking a significant step for the tokenization sector.