Securitize has appointed Jerome Roche, former head of PayPal's Digital Assets Legal division, as General Counsel as it prepares for a Nasdaq listing via a SPAC owned by Cantor Fitzgerald. The listing is expected to value the asset tokenization company at $1.25 billion, trading under the ticker SECZ. Securitize, known for issuing BlackRock's on-chain government bond fund BUIDL, plans to tokenize its equity. Roche emphasized his focus on regulatory compliance and technological innovation in his new role.
Securitize Hires Former PayPal Executive as General Counsel Ahead of SPAC Listing
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