Securitize Plans $400M Acquisition Push to Strengthen Institutional Tokenization Platform

Odaily Planet Daily News: Securitize CEO Carlos Domingo stated that after its NYSE listing, the company will utilize approximately $400 million in capital reserves to pursue mergers and acquisitions, aiming to expand its institutional-grade asset tokenization business. By completing its listing through a merger with Cantor Fitzgerald's SPAC, the company retained about 70% of its trust funds, providing sufficient cash reserves to support the next phase of expansion.

Carlos Domingo noted that the acquisition targets will primarily focus on areas complementary to the tokenization business, rather than direct competitors, with the goal of building a "full-stack tokenization service platform" for institutional clients.

Securitize currently serves institutions including BlackRock, KKR, Apollo, and VanEck, having issued approximately $4.4 billion in tokenized assets, including products such as BlackRock's BUIDL fund. (CoinDesk)