Woofun AI reports that Securitize (SECZ) has secured over $400 million in funding to expand its institutional tokenization platform through the acquisition of complementary businesses, explicitly avoiding competitor purchases. The New York Stock Exchange-listed company previously went public via a SPAC merger with Cantor, retaining approximately 70% of trust funds.

Since its 2017 establishment, Securitize has issued roughly $4.4 billion in tokenized assets, including BlackRock's $2.2 billion U.S. Treasury money market fund BUIDL and nearly $300 million in its own tokenized stock. CEO Carlos Domingo highlighted the potential for stock and ETF tokenization, estimating that converting just 2% of the $140 trillion global equity market could generate a $30 trillion tokenized market.