Blockchain asset tokenization firm Securitize is reportedly in discussions to merge with Cantor Equity Partners II Inc., a SPAC initiated by Cantor Fitzgerald, in a deal potentially valued over $1 billion. Securitize, backed by major institutions including BlackRock, Morgan Stanley, ARK Venture Fund, Tradeweb, and Nomura, focuses on tokenizing traditional assets like the S&P index. The company is registered with the U.S. Securities and Exchange Commission as a transfer agent and holds licenses for operations in parts of Europe and Japan.
Securitize in Talks for $1 Billion SPAC Merger with Cantor Fitzgerald
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