Securitize plans to use $400 million for acquisitions to strengthen its institutional-grade tokenization platform布局

Odaily reported that Securitize CEO Carlos Domingo stated that after completing its NYSE listing, the company will use approximately $400 million in capital reserves to pursue mergers and acquisitions, expanding its institutional-grade asset tokenization business. After going public through a merger with Cantor Fitzgerald's SPAC, the company retains approximately 70% of its trust funds, providing ample cash reserves to support the next phase of expansion.

Carlos Domingo stated that the M&A targets will primarily focus on areas complementary to the tokenization business, rather than direct competitors, aiming to build a "full-stack tokenization service platform" for institutional clients.

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