Securitize plans to go public via SPAC to expand its asset tokenization strategy

Odaily reports that the asset tokenization platform Securitize and the Nasdaq-listed SPAC Cantor Equity Partners II (CEPT) are promoting a business merger and plan to go public on Nasdaq as a result. Securitize founder and CEO Carlos Domingo stated that the company has already achieved profitability in the asset tokenization sector through partnerships with multiple financial institutions, and will use this SPAC deal to accelerate expansion by issuing and trading more assets as digital tokens beyond stablecoins. (SPACInsider)