Securitize SPAC Deal Clears Hurdle With Low Redemption Rate

Securitize cleared a critical hurdle for its SPAC merger after fewer than 30% of Cantor Equity Partners II Class A shareholders chose to redeem their shares. The company said 71.5% of the trust remained available. Securitize expects to receive approximately $400 million in gross proceeds from the business combination and related PIPE financings, net of transaction expenses. Securitize's SPAC path

SPAC deals often collapse when redemptions drain the trust below the minimum needed to close. Securitize stayed well above that threshold. The low redemption rate signals that most investors see value in the combined entity rather than cashing out.

Shareholders vote on the proposal June 29. If approved, the transaction closes July 1. The combined company begins trading on the New York Stock Exchange under the ticker SECZ on July 2.

“Reaching the public markets is a milestone for Securitize and a reflection of the growing momentum behind tokenization,” Co-Founder and Chief Executive Officer Carlos Domingo said. He added that the company started eight years ago when institutional adoption of tokenized securities remained theoretical. “Today, tokenization is moving into the mainstream, and we believe becoming a public company gives us the visibility, credibility, and capital to lead that next phase of growth.”

Securitize currently tokenizes more than $4 billion in real-world assets on its platform, including private credit and real estate. The NYSE listing gives it a regulated equity platform and a liquid stock for investors seeking exposure to the tokenization sector. The Cantor Fitzgerald tie-up and the $400 million war chest provide distribution and capital advantages over private competitors.

Securitize plans to list its shares on the NYSE under the ticker SECZ on July 2.