Spac Merger

Securitize has secured shareholder approval for its SPAC merger with Canton Equity Partners II, removing a key obstacle to its planned NYSE listing. The move comes as Wall Street intensifies its push to tokenize traditional assets on blockchain rails.

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.