Securitize is set to list on the NYSE under ticker SECZ after retaining over 70% of its SPAC trust, raising $400M at a $1.25 billion valuation.

The BlackRock-backed tokenization specialist expects to close its SPAC merger next week and start trading on the NYSE, pending shareholder approval.

Seeking to debut next week, Securitize will receive roughly $400 million after retaining more than 70% of its SPAC trust.