Securitize Heads to NYSE After $400 Million SPAC Merger Approval

The merger, which values the tokenization infrastructure provider at $1.25 billion, is set to inject roughly $400 million in gross proceeds into the company. This capital infusion arrives as institutional interest in real-world asset tokenization accelerates, with Securitize currently managing infrastructure for major players including BlackRock, Apollo, KKR, and VanEck. Notably, the firm serves as the manager for BlackRock’s BUIDL tokenized money market fund.

Securitize CEO Carlos Domingo framed the transition as a strategic move to capture mainstream growth, noting that public status provides the necessary visibility and capital to scale operations. The company has recently diversified its offerings, launching a tokenized AAA-rated CLO fund with support from BNY. As the firm prepares for its first day of trading, the market will closely watch how public investors price infrastructure that bridges traditional finance with on-chain assets.