Securitize plans to utilize over $400 million in funds to expand its institutional tokenization business through acquisitions

According to CoinDesk, New York Stock Exchange-listed company Securitize (SECZ) plans to utilize over $400 million in funds to expand its institutional tokenization platform through the acquisition of complementary businesses, rather than acquiring competitors. Securitize previously went public through a merger with a SPAC under Cantor, retaining about 70% of trust funds, with total fundraising exceeding $400 million.

Since its establishment in 2017, the company has issued approximately $4.4 billion in tokenized assets, including BlackRock's $2.2 billion U.S. Treasury money market fund BUIDL and nearly $300 million in Securitize's own tokenized stock, making it one of the largest issuers of tokenized assets currently. CEO Carlos Domingo stated that he is optimistic about the opportunities for stocks and ETFs to be tokenized, noting that even if only 2% of the global equity market, valued at around $140 trillion, is tokenized, it could create a tokenized market of approximately $30 trillion.