Tokenization Firm Securitize Said to Be in Talks With Cantor SPAC

Securitize, a blockchain-based firm that tokenizes investments, is reportedly in discussions to go public through a merger with a special purpose acquisition company (SPAC) launched by Cantor Fitzgerald LP, according to sources familiar with the matter. Securitize, founded in 2017, provides a platform that enables companies to issue digital securities, allowing investors to trade fractionalized ownership of assets like real estate or private equity. The potential deal with Cantor Fitzgerald's SPAC would provide Securitize with access to public market funding to support its growth and expansion plans. The details of the negotiations, including the valuation and the timeline for the potential transaction, are still unclear. However, the reported talks highlight the growing interest in the tokenization of traditional assets and the use of SPACs as a means for blockchain-based companies to go public.
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