Securitize, which has $4 billion in assets under management, has received SEC Form S-4 approval for its planned SPAC merger with Cantor Equity Partners II. According to NS3.AI, shareholders are scheduled to vote on the deal on June 29.
If shareholders approve the transaction, the combined company is expected to list on the New York Stock Exchange as Securitize Corp under the ticker SECZ.
Separately, RWA.xyz data shows the total on-chain value of tokenized real-world assets reached $32 billion in May, representing an increase of around 220% over the previous 12 months.