Securitize plans to go public on the New York Stock Exchange on July 2 and is expected to raise approximately $400 million.

Svmuu News: The business combination between Securitize and SPAC Cantor Equity Partners II (Nasdaq, ticker symbol CEPT) is expected to raise approximately $400 million (including the PIPE, before deducting related expenses). Upon completion of the merger, the new company will be renamed Securitize Corp.,with its common stock scheduled to begin trading on the NYSE under the ticker symbol “SECZ” on July 2.CEPT’s shareholder meeting is scheduled for June 29 to vote on the transaction; the current redemption rate is less than 30%. Securitize claims it has obtained regulatory licenses for digital securities infrastructure in both the U.S. and the EU, and manages over $4 billion in on-chain physical assets. (PR Newswire)