Woofun AI reports that tokenization platform Securitize is set to raise $400 million through a merger with Cantor Equity Partners II (CEPT), a special purpose acquisition company backed by Cantor Fitzgerald. Final redemption data indicates less than 30% of CEPT shareholders chose to exit, securing the capital structure for the transaction. The deal is scheduled to close on Wednesday, July 1, pending shareholder approval on Monday and other standard closing conditions.

Shares in Cantor's acquisition vehicle climbed 7% to $10.86, extending gains in after-hours trading to $11. Securitize anticipates receiving approximately $400 million in gross proceeds from the merger, inclusive of related private investment in public equity (PIPE) financings but excluding transaction-related expenses. Following the closing, the company will commence trading on the New York Stock Exchange under the ticker SECZ on Thursday, July 2.

Securitize co-founder and CEO Carlos Domingo characterized the move to public markets as a significant milestone reflecting accelerating momentum behind tokenization. The firm maintains backing from major institutions such as BlackRock and Morgan Stanley, alongside crypto-native entities including Coinbase and Circle. In March, Securitize partnered with the New York Stock Exchange to develop tokenized assets for the exchange's upcoming securities platform.

Woofun AI data shows Standard Chartered recently projected that tokenized assets active in decentralized finance could expand 37-fold to $2.7 trillion by the end of 2030. Regulatory clarity remains a variable, as the US Securities and Exchange Commission was reportedly prepared to allow trading of tokenized stocks in mid-May before delaying the plan later that month due to implementation concerns raised by stock exchange officials. This sequence of events underscores the complex interplay between institutional adoption and regulatory pacing in the asset tokenization sector.