Securitize says it expects to receive $400 million when it debuts on Thursday, July 2, as it plans to go public via a SPAC merger with a company backed by Cantor Fitzgerald.

Securitize and Cantor Equity Partners II Business Combination Expected to Raise Approximately $400 million in Gross Proceeds and Announce Expected Closing of Business Combination…

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