Secz

Securitize shares have fallen roughly 40% since the BlackRock-backed tokenization firm completed its SPAC merger. Market participants say the decline reflects post-SPAC trading dynamics and caution around recent crypto-linked public listings rather than a clear deterioration in fundamentals.

Securitize is preparing to go public through a Cantor Fitzgerald-backed SPAC merger that could raise about $400 million. The BlackRock-backed tokenization firm is set to list on the New York Stock Exchange under ticker SECZ if shareholders approve the deal.

Securitize is preparing for a public debut through a merger with a Cantor Fitzgerald-backed SPAC, with the deal expected to close on July 1 pending shareholder approval. The listing would place the tokenization firm on the New York Stock Exchange under the ticker SECZ.