Cantor Sees 95% Upside for Securitize
Cantor starts with an overweight rating and points to Securitize’s role in issuing, custody, and trading tokenized assets. At the same time, the SEC is taking a temporary step toward tokenized U.S. stocks.
Key Takeaways
- Cantor Fitzgerald initiated coverage of Securitize and set a $21.20 price target, about 95% above Friday’s closing price.
- The bank called tokenization a major innovation and pointed to Securitize’s broad role in issuance, registration, custody, distribution, and trading.
- The SEC temporarily opened a path for tokenized U.S. stocks, while Securitize jumped 24% on Monday to $13.50.
Securitize got a $21.20 (€18) price target from Cantor Fitzgerald, good for about 95% upside from Friday’s closing price of $10.86 (€9.45). The investment bank started coverage on Monday and gave the stock an overweight rating, while the market was already reacting to new moves from the U.S. regulator around tokenized stocks.
Wall Street Puts Tokenization on the Map
Cantor places Securitize in a market that is still small compared with the traditional financial world, but moving fast. According to the bank, there is now about $39 billion (€33.9 billion) in assets onchain, compared with $319 trillion (€278 trillion) in traditional financial assets. Analyst Gareth Gacetta called tokenization a major overhaul of financial infrastructure and pointed out that Securitize covers much of the chain, from issuance and registration to custody, distribution, and trading.
The timing stands out. The SEC announced a temporary rule on Thursday that opens a path for selected trading platforms to offer tokenized versions of listed U.S. stocks. That came alongside a sharp move in the stock itself, which had already climbed 14% after the news. The move fits into a broader wave of U.S. rules around tokenized securities, including a five-year exemption for tokenized securities venues.
The Stock Had Already Rallied Hard
That move continued on Monday. Securitize closed at $13.50 (€12), up about 24% on the day, and traded around $13.96 (€12) after hours. Compared with Friday, the price picture has already changed a lot, which makes Cantor’s target look less far away than it first appears.
Broader market data also show that tokenization is no longer just a niche story. RWA.xyz calls Securitize the largest tokenization platform by distributed asset value, with $4.64 billion (€4 billion), ahead of Ondo at $3.63 billion (€3.2 billion). The tracker counts 1,877 holders across 26 tokenized assets, while monthly transfer volume came in at $1.12 billion (€1 billion), 178% higher than a month earlier.
Why This Matters for Europe
For European crypto readers, this matters mainly because the line between crypto infrastructure and traditional markets is getting blurrier. If tokenized stocks gain more traction through regulated platforms, that could also bring more attention in Europe to how investment products are issued, stored, and traded on blockchain. The SEC move also shows that regulators are no longer treating tokenization as just an experiment, but as part of the existing market structure.
