Securitize heads to NYSE debut after investors approve SPAC merger
The tokenization firm is expected to begin trading on the NYSE on Thursday, becoming one of the first publicly traded pure-play tokenization companies.
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Summary
- Securitize won shareholder approval for its SPAC merger with Canton Equity Partners II (CEPT), clearing a major hurdle for a public debut on Thursday.
- CEPT rallied 20% during the Monday session, front-running the result.
- The listing coincides with Wall Street institutions ramping up efforts to bring traditional assets onto blockchain rails via tokenization.
