Securitize eyes acquisitions with $400 million war chest after going public, CEO says Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors. – Securitize plans to pursue…
quisitions of complementary businesses, rather than rivals, to build a broader one-stop shop for institutional tokenization services, CEO Carlos Domingo told CoinDesk in an interview. – The firm aims to deploy its $400 million war chest it raised leading up to its public debut merging with a Cantor-backed SPAC. – As one of the largest tokenization infrastructure providers, Securitize sees tokenized equities and ETFs as a major growth opportunity, Domingo said, arguing that even a small share of the $140 trillion global equity market moving onchain could create a multitrillion-dollar market. Securitize (SECZ) plans to use its newly-strengthened balance sheet to pursue acquisitions to expand its tokenization business following its public listing, CEO Carlos Domingo told CoinDesk in an interview. “One of the things we’re going to be looking at is acquisitions because we obviously don’t need $400 million to run the company,” Domingo said. “We’re going to have a very strong balance sheet.” The company, which began trading on the New York Stock Exchange on Thursday after completing its SPAC merger with Cantor Equity Partners II, raised more than $400 million and retained roughly 70% of the SPAC trust, giving it fresh capital to fund its next phase of growth
Securitize has emerged as one of the largest infrastructure providers for the tokenization market, helping asset managers issue traditional securities on blockchain rails. Founded in 2017, the company provides issuance, transfer agency and fund administration services for tokenized securities, with clients including BlackRock, Apollo, KKR, Hamilton Lane and VanEck. The firm has issued roughly $4.4 billion in tokenized assets, including BlackRock’s…