Securitize, the tokenization platform behind BlackRock’s BUIDL fund, will begin trading on the New York Stock Exchange on July 2 under the ticker SECZ after a SPAC merger that closed with more than $400 million in cash.

Securitize CEO Carlos Domingo confirmed the terms Friday morning on his personal X account. The deal ran through Cantor Equity Partners II, a special purpose acquisition company sponsored by Cantor Fitzgerald. Domingo said the company raised an oversubscribed $225 million private investment in public equity (PIPE), the largest PIPE for any operating business entering via a SPAC since 2021. Final redemptions came in below 30%, leaving the merged company with over $400 million in cash at listing. The Block reported Thursday morning that Securitize was set to raise approximately $400 million through the merger.

CEO’s Own Words

Domingo wrote that advisers had discouraged the SPAC route: “Don’t do it, you won’t raise a PIPE, and SPACs get on average 95% redemptions, and you will IPO with no cash.” The oversubscribed PIPE and the sub-30% redemption rate produced the opposite result. Domingo’s post calls July 2 “the next stage in Securitize history.”

RWA Platform Context

Securitize operates as a FINRA-approved broker-dealer with custody approval for tokenized securities and is the issuance platform for BlackRock’s BUIDL fund, one of the largest tokenized money-market products on-chain. The company added secondary trading rails for tokenized equities earlier this year, tapping Jump Crypto and Jupiter for regulated on-chain execution. In June the firm issued the Hamilton Lane HLSCOPE private-credit fund on TRON as its first multi-chain institutional product beyond Ethereum.

Securitize Holdings filed an S-4 registration statement with the SEC in January 2026, amended through May 2026, listing the company under CIK 0002094496. NYSE Disclosure and financial terms beyond those disclosed by Domingo on Friday morning remain subject to the closing 8-K filing, which had not appeared on EDGAR at time of publication.

The NYSE listing places Securitize alongside a growing cohort of tokenization infrastructure firms pursuing public equity vehicles in 2026. NYSE parent ICE formed a 50-50 joint venture with OKX in June to tokenize NYSE equities on-chain.