Securitize plans to go public through a SPAC to expand its asset tokenization layout

The asset tokenization platform Securitize is advancing its business merger with the Nasdaq-listed SPAC Cantor Equity Partners II (CEPT) and plans to use this to list on Nasdaq. Securitize founder and CEO Carlos Domingo stated that the company has achieved profitability in the asset tokenization field by establishing partnerships with multiple financial institutions and will leverage the SPAC transaction to accelerate expansion, issuing and trading more assets in digital token form beyond stablecoins.