Securitize is in merger talks with Cantor's SPAC for a public listing, with an expected valuation exceeding $1 billion.
BlockBeats News, October 11, according to Bloomberg, the RWA tokenization platform Securitize, backed by BlackRock, is in talks with a special purpose acquisition company (SPAC) initiated by Cantor Fitzgerald LP regarding a potential public listing. Sources familiar with the matter revealed that the merger deal between Securitize and Cantor Equity Partners II Inc. would value the company at over $1 billion. However, negotiations are still ongoing, and Securitize may also choose to remain private.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.
Trending news
MoreCrypto prices
More
