Securitize Eyes Acquisitions With $400 Million War Chest After Going Public, CEO Says

Securitize (SECZ) plans to pursue acquisitions after its public listing, with CEO Carlos Domingo saying the firm does not need $400 million to run the company. According to CoinDesk, Securitize began trading on the New York Stock Exchange on Thursday after completing a SPAC merger with Cantor Equity Partners II, raising more than $400 million and retaining roughly 70% of the SPAC trust. Domingo said Securitize is not looking to buy rivals, but adjacent businesses that complement its institutional tokenization platform. The firm has issued roughly $4.4 billion in tokenized assets, including BlackRock’s $2.2 billion BUIDL fund.