Securitize begins trading on NYSE after $400M SPAC merger
RWA & Tokenization ·
Tokenization platform Securitize is now a publicly listed company, trading on the New York Stock Exchange under the ticker SECZ following a SPAC deal that brought in more than $400 million.
The listing marks one of the first instances of a real-world-asset infrastructure provider becoming a public company through this route, according to CoinDesk's report. Four separate outlets tracked in this cluster confirmed the NYSE debut and ticker, pointing to broad attention on the move within the tokenization sector.
Alongside the listing, Securitize disclosed that it has already put close to $300 million of its own SECZ shares on-chain, issuing them across the Solana and Avalanche networks. Company chief Carlos Domingo described the figure as evidence that equity tokenization can operate inside existing US regulatory structures, a claim he made directly in comments reported by CoinDesk's Jennifer Sanasie.
Using its own stock as the test case ties the SPAC proceeds and the on-chain issuance together into a single demonstration: a firm that just raised $400 million through traditional public markets is simultaneously representing a large share of that same equity in tokenized form on two separate blockchains. That dual structure is what distinguishes this listing from a standard SPAC merger, since the tokenized shares are meant to function as a working example rather than a pilot limited to test networks.
Coverage from wublockchain.xyz placed the listing within the wider push by RWA infrastructure firms toward public markets, framing Securitize's NYSE debut as part of that broader trend rather than an isolated event.
Still unclear from the current reporting is how the tokenized SECZ shares on Solana and Avalanche will be treated going forward relative to the NYSE-listed stock, including whether trading, settlement, or ownership rights differ between the on-chain and traditional versions. It also remains to be seen whether other tokenization firms follow the SPAC route to public listing, and whether regulators respond specifically to Securitize's use of its own shares as a compliance demonstration.