Tokenization firm Securitize has filed a public registration statement with the US Securities and Exchange Commission, advancing its plan to go public through a merger with Cantor Equity Partners II. The filing shows the company generated $55.6 million in revenue during the first nine months of 2025, an 841% increase from the same period a year earlier.
The revenue surge comes as Securitize expands its infrastructure for issuing and managing tokenized versions of traditional financial assets, including US Treasuries, funds, and private equity. Full-year 2024 revenue more than doubled to $18.8 million, reflecting growing institutional adoption of blockchain-based settlement and asset servicing tools.
Market reaction was mixed, with CEPT shares rising 4.4% despite broader weakness in crypto-related stocks. The merger still requires shareholder and regulatory approval, after which Securitize would list on Nasdaq under the ticker SECZ, marking another step in the integration of tokenization into mainstream finance.