Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut
Securitize is making history as the first company to debut shares simultaneously on the NYSE and onchain via Solana and Avalanche.
Velocity
How fast coverage is spreading — measured hourly from article rate × source diversity. How this works →
📍 How it ended
Securitize debuted shares on the NYSE and onchain after investors approved a SPAC merger. The company tokenized $295 million of its own stock on Solana and Avalanche.
This business combination with Cantor Equity Partners II was expected to raise approximately $400 million in gross proceeds.
Epilogue added 17d ago, after coverage quieted.
The brief
Securitize is going public on the New York Stock Exchange following an investor-approved SPAC merger with Cantor Equity Partners II. As part of this debut, the company has tokenized $295 million of its own stock on the Solana and Avalanche blockchains.
Coverage from CoinDesk, The Block, and Bloomberg highlights the company's role as a BlackRock partner and the broader trend of Wall Street tokenization. PR Newswire reports that the business combination is expected to raise approximately $400 million in gross proceeds.
Future developments center on the closing of the business combination and the subsequent NYSE listing, with The Block noting that Securitize is the first to employ this dual-listing model.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 20d ago.
Quick answers
Which blockchains are being used for the tokenization?
Securitize is tokenizing its stock on Solana and Avalanche.
How much capital is expected from the business combination?
The combination with Cantor Equity Partners II is expected to raise approximately $400 million in gross proceeds.
What is the status of the NYSE listing?
Investors have approved the SPAC merger, and the company is expected to announce the closing of the business combination and its NYSE listing.
Coverage (7)
- Securitize heads to NYSE debut after investors approve SPAC merger; CEPT gains 20% CoinDesk · 22d ago
- Tokenization to get its Wall Street moment as Miami’s Securitize goes public Refresh Miami · 22d ago
- The Crypto Market News That Wall Street Missed as Pepeto Presale Grows While BNB and XRP Hold openPR.com · 22d ago
- Securitize and Cantor Equity Partners II Business Combination Expected to Raise Approximately $400 million in Gross Proceeds and Announce Expected Closing of Business Combination and NYSE Listing PR Newswire · 22d ago
- BlackRock Partner Securitize Rides Wall Street Tokenization Wave Bloomberg.com · 22d ago
- Securitize becomes first to debut shares on NYSE and onchain, but it won't be the last The Block · 22d ago
- Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut CoinDesk · 22d ago
Topics
Related trends
'The Odyssey' is cleaning up for IMAX. Expect the momentum to continue
'The Odyssey' is driving IMAX's second quarter earnings surge.
Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Albertsons' stock drops sharply as the company warns of reduced grocery spending.
Charles Schwab Earnings: Why Stock Is Falling Despite Faster Growth
Charles Schwab shares are declining despite reporting record quarterly revenue and earnings that exceeded Wall Street estimates.
The Boardroom Debate That Led to IBM’s Historic 25% Stock Plunge | The 10-Point for July 17
IBM shares face their worst weekly performance in over 58 years following a 25% plunge sparked by a significant shift in AI capital expenditure.
IBM Says Second-Quarter Sales Missed as Customers Pulled Back
IBM shares plummeted over 20% after the company warned that second-quarter sales missed expectations due to customer pullbacks.
Oracle Cloud could top revenue estimates in fiscal 2027, Piper Sandler says (ORCL:NYSE)
Mixed projections emerge for Oracle as Piper Sandler forecasts revenue upside despite warnings regarding AI data center investments.