Securitize plans to use more than $400 million raised around its public listing to pursue acquisitions that expand its institutional tokenization platform. CEO Carlos Domingo said the company is focused on complementary businesses rather than buying direct rivals.
Securitize plans to use more than $400 million raised around its public listing to pursue acquisitions that expand its institutional tokenization platform. CEO Carlos Domingo said the company is focused on complementary businesses rather than buying direct rivals.
Securitize is preparing to use its strengthened balance sheet for acquisitions after going public on the New York Stock Exchange through a merger with Cantor Equity Partners II. CEO Carlos Domingo told CoinDesk the tokenization company has more than $400 million available and plans to look for deals that support its next stage of growth.
Securitize is preparing to use its strengthened balance sheet for acquisitions after going public on the New York Stock Exchange through a merger with Cantor Equity Partners II. CEO Carlos Domingo told CoinDesk the tokenization company has more than $400 million available and plans to look for deals that support its next stage of growth.
The move matters because Securitize is already one of the largest infrastructure providers in the tokenized securities market, a segment drawing more attention from asset managers, exchanges and traditional financial institutions. If the company succeeds in broadening its platform, it could become a more central service provider for firms looking to issue and manage blockchain-based versions of traditional assets.
Securitize was founded in 2017 and provides services including issuance, transfer agency and fund administration for tokenized securities. Its clients include BlackRock, Apollo, KKR, Hamilton Lane and VanEck. According to RWA.xyz data cited by CoinDesk, the firm has issued about $4.4 billion in tokenized assets, including BlackRock’s BUIDL tokenized U.S. Treasury money market fund and tokenized Securitize shares.
Domingo said Securitize is not focused on acquiring competitors, arguing that rival platforms would not add technology the company lacks. Instead, the firm is looking at adjacent businesses that could help it offer a broader “one-stop shop” for institutional customers using tokenization services.
The acquisition plans come as tokenization moves beyond Treasury products toward public markets. CoinDesk reported that Intercontinental Exchange, the parent of the NYSE, partnered with Securitize earlier this year to work on tokenized equity infrastructure, while Securitize has also teamed with transfer agents Computershare and Continental to help public companies issue shares on blockchain rails.
Domingo pointed to tokenized equities and ETFs as a major opportunity, noting that global equities represent a roughly $140 trillion market. He said the next phase of tokenization will depend less on new blockchain infrastructure and more on having issuers create assets onchain directly, rather than relying on wrappers or synthetic versions.
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