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Securitize Plans to Go Public via SPAC, Expanding Its Asset Tokenization Strategy
Svmuu News: Asset tokenization platform Securitize is advancing a business combination with Nasdaq-listed SPAC Cantor Equity Partners II (CEPT), with plans to list on Nasdaq through this move. Securitize founder and CEO Carlos Domingo stated that the company has achieved profitability in the asset tokenization space by establishing partnerships with multiple financial institutions. It will leverage the SPAC transaction to accelerate expansion, enabling the issuance and trading of digital tokens representing a broader range of assets beyond stablecoins. (SPACInsider)
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