- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Securitize Pre-IPO Equity Valuation Reaches $1.25 Billion, Aiming to Raise $469 Million
BlockBeats News, October 29th, according to TheBlock, tokenization service provider Securitize announced plans to go public in the United States through a Special Purpose Acquisition Company (SPAC), with a pre-listing equity valuation of $1.25 billion. The SPAC is sponsored by an affiliate of Cantor Fitzgerald. The post-merger company will be renamed Securitize Corp., listed on Nasdaq under the stock symbol SECZ, and plans to tokenize its own equity.
As part of the listing process, Securitize plans to raise $469 million, including $225 million from a Private Investment in Public Equity (PIPE). Existing shareholders such as ARK Invest, BlackRock, Blockchain Capital, among others, will roll over 100% of their equity into the post-merger company.
You may also like
Gainers
Latest Crypto News
Expert Opinion: Stablecoins Struggle to Become Mainstream in the Currency Market
「Ultimate Shorter」 Successfully Closed Out a Significant Amount of Their BTC Short Position to Take Profit, Reducing Their Position by Approximately $30 Million
Aave is planning to sunset its deployments on zkSync, Metis, and Soneium, setting a $2 million revenue threshold for new chains.
Standard Chartered Bank is actively pursuing Blockchain Finance, believing it will replace traditional financial infrastructure
Anthropic is launching IPO preparations and may go public as early as 2026
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App