Securitize announced that shareholders of Cantor have greenlit the business combination, which is expected to close on Wednesday.

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.

The tokenization firm is expected to begin trading on the NYSE on Thursday, becoming one of the first publicly traded pure-play tokenization companies.