Securitize, a digital financial technology firm, is set to merge with Nasdaq-listed SPAC Cantor Equity Partners II (CEPT) to go public. The merger aims to enhance Securitize's capabilities in asset tokenization, a field where the company has already achieved profitability through collaborations with various financial institutions. CEO Carlos Domingo stated that the SPAC transaction will facilitate the expansion of their digital token offerings, allowing for the issuance and trading of a wider array of assets beyond stablecoins.
Securitize to Merge with CEPT in SPAC Deal to Expand Tokenized Assets
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