Securitize Plans Acquisitions After IPO With $400 Million War Chest

After its NYSE listing, Securitize has more than $400 million to pursue targeted acquisitions. The tokenization company is looking to expand into stocks and ETFs alongside clients like BlackRock and Apollo.

Key Takeaways

• Securitize wants to make acquisitions after its IPO and has more than $400 million in fresh capital available for that.
• The company is not looking for direct competitors, but for firms that can broaden its institutional tokenization offering.
• Securitize sees tokenized stocks and ETFs as the next growth phase alongside tokenized Treasuries and wants to become a one-stop shop.

Securitize is looking to grow its tokenization business through acquisitions now that it has more than $400 million (€350 million) in new capital after going public. CEO Carlos Domingo said the stronger balance sheet gives the company room to make strategic purchases without relying on that money to cover everyday operations.

Capital After NYSE Listing

The crypto company began trading on Thursday on the New York Stock Exchange after closing its SPAC merger with Cantor Equity Partners II. As part of the transaction, Securitize raised more than $400 million (€350 million) and retained about 70 percent of the SPAC trust, leaving it with a sizable financial buffer for its next stage of growth.

Domingo made clear that the company is not shopping for direct competitors. In his view, rival firms would not add much to the technology Securitize already has in place. Instead, the company is looking for businesses that can complement its institutional tokenization stack and make the platform more useful for clients.

Broader Than Tokenized Treasuries

Securitize has become one of the largest infrastructure providers in tokenization. The company helps asset managers issue traditional securities on blockchain rails and offers services including issuance, transfer agency, and fund administration. Its clients include BlackRock, Apollo, KKR, Hamilton Lane, and VanEck.

According to RWA.xyz, Securitize has issued about $4.4 billion (€3.9 billion) in tokenized assets. That includes BlackRock's $2.2 billion (€1.9 billion) tokenized U.S. Treasury money market fund BUIDL and nearly $300 million (€263 million) in tokenized Securitize shares. That makes it the biggest issuer of tokenized assets, though Domingo says the market is increasingly moving away from Treasury funds and toward public markets.

That trend matters for European crypto readers because tokenization is now being linked more often to stocks and ETFs than to bonds or money market funds alone. Securitize is already working with Intercontinental Exchange on infrastructure for tokenized equities and with transfer agents Computershare and Continental to help public companies issue shares directly on blockchain rails. Nasdaq and DTCC are also exploring similar moves, underscoring how quickly the conversation around onchain markets is moving closer to traditional capital markets.

Stocks and ETFs as the Next Step

Domingo sees tokenized equities as a major opportunity. He noted that even a small share of the global stock market, which is worth about $140 trillion (€123 trillion), moving onchain would represent a huge expansion for the sector. He also said tokenized ETFs could become an important part of that shift, since the next phase is less about building new infrastructure and more about getting issuers to put their assets directly onchain.

That would move Securitize beyond pure infrastructure and into a broader role as a platform for institutional investment products. Domingo said the company wants to become a one-stop shop for clients who view tokenization not just as a technical test, but as part of how they distribute and administer their products.