Securitize announced plans to go public through a merger with Cantor Fitzgerald's CEPT through a special purpose acquisition company (SPAC), raising up to $469 million in total proceeds. The transaction comprises a $225 million PIPE from new and existing institutional investors and $244 million in CEPT's trust account (assuming no redemptions). As the only full-stack tokenization platform officially registered with the U.S. Securities and Exchange Commission (SEC), Securitize reports tokenized assets exceeding $4.5 billion, representing a 20.8% market share.
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