Securitize plans to go public by merging with a SPAC company under Cantor, with a valuation exceeding $1 billion

ChainCatcher news, according to Bloomberg, informed sources revealed that the tokenization company Securitize is in talks to go public through a special purpose acquisition company (SPAC) established by Cantor Fitzgerald LP.

After merging with Cantor Equity Partners II Inc., Securitize's valuation will exceed $1 billion, and discussions are still ongoing. Securitize may also decide to remain private. Previously, Cantor Equity II raised $240 million through an initial public offering in May.