Securitize plans to list on the New York Stock Exchange on July 2nd, aiming to raise approximately $400 million

Odaily reported that the business combination between Securitize and SPAC Cantor Equity Partners II (Nasdaq: CEPT) is expected to raise approximately $400 million (including PIPE, before deducting related expenses). Upon completion of the merger, the new company will be renamed Securitize Corp., and its common stock is expected to begin trading on the New York Stock Exchange under the ticker "SECZ" on July 2nd. The CEPT shareholder meeting is scheduled to vote on the transaction on June 29th, with the current redemption rate below 30%. Securitize claims to have obtained relevant regulatory licenses for digital securities infrastructure in both the United States and the European Union, and manages over $4 billion in on-chain real-world assets. (PR Newswire)