BlackRock-backed Securitize to raise $400 million nearing public debut; CEPT jumps 8%
Securitize, one of the largest providers of tokenization infrastructure for Wall Street, expects to raise about $400 million as it prepares to go public through a merger with a Cantor Fitzgerald-backed special purpose acquisition company. The company said Friday that, following lower-than-expected shareholder redemptions, the business combination with Cantor Equity Partners II (CEPT) is expected…