Securitize has spent eight years building the compliance and technical infrastructure that the tokenized asset sector runs on. It serves as the transfer agent for BlackRock's BUIDL fund. It tokenized a KKR private equity fund on Avalanche. It was named the design partner for the NYSE's forthcoming Digital Trading Platform. It is the first digital transfer agent eligible to mint blockchain-native securities for corporate and ETF issuers. And in one week, its shareholders vote on whether to take it public.
The shareholder meeting for Cantor Equity Partners II (Nasdaq: CEPT) is scheduled for June 29, 2026. If approved, Securitize Corp. will list on the New York Stock Exchange under the ticker SECZ — and the RWA sector will have its first publicly traded dedicated infrastructure company.
What the Numbers Show
Securitize's Q1 2026 filing is the first detailed look at the company's financial performance since the de-SPAC process began. The numbers tell a clear growth story: $19.5 million in Q1 2026 revenue, representing 39% year-over-year growth. The company manages over $4 billion in tokenized assets across its platform. These figures arrived during a period when the broader crypto market faced significant headwinds — making the revenue growth more meaningful, not less.
The Structure: De-SPAC, Not IPO
This is a de-SPAC transaction — a merger with an existing special purpose acquisition company — not a traditional underwritten IPO. The mechanics differ in ways that matter. No underwriters price shares to the public. Existing Securitize equity holders roll 100% of their interests into the combined company. PIPE investors committed capital upfront when the deal was announced in October 2025. The SEC's S-4 approval on June 5, 2026 was a procedural clearance, not an endorsement of the transaction's merits.
The combined entity will operate as Securitize Corp., publicly traded on NYSE under SECZ. Carlos Domingo, Securitize's co-founder and CEO, noted the company intends to tokenize its own equity — issuing both traditional NYSE-listed shares and blockchain-native tokenized versions on Securitize's own infrastructure simultaneously. The company will become both the issuer of tokenized equity and the infrastructure that makes the tokenization possible.
What Securitize Actually Builds
For readers less familiar with Securitize's role in the stack: the company operates an SEC-registered broker-dealer, an alternative trading system (ATS), a registered transfer agent, and a fund administration business. When BlackRock wanted to tokenize BUIDL, it chose Securitize as its transfer agent. When KKR tokenized a private equity fund, it ran on Securitize infrastructure. The company is not a fund manager or an asset issuer — it is the compliance and technical layer that regulated tokenization requires.
The Q1 business highlights filed with the SEC reveal the scope of recent activity:
- NYSE collaboration: Named design partner for NYSE's Digital Trading Platform. First digital transfer agent eligible to mint blockchain-native securities for corporate and ETF issuers. First broker-dealer connected to NYSE Digital ATS.
- BlackRock BUIDL + Uniswap: Strategic integration with Uniswap Labs enabling BUIDL shares to trade through UniswapX — a regulated institutional fund available on a decentralized exchange for the first time.
- Computershare partnership: Named as Computershare's partner for issuer-sponsored tokenized securities. Computershare is the world's largest transfer agent.
- Trump International Hotel & Resort Maldives: Advanced tokenized real estate initiative, expanding the asset class coverage beyond funds and bonds.
Why This Is a Milestone for the Sector
The RWA tokenization sector has attracted significant institutional attention but has operated largely without a publicly traded pure-play infrastructure company. Going public forces disclosure — quarterly earnings, revenue transparency, business development detail — that private companies are not required to provide. SECZ becoming a publicly traded company creates a real-time financial record of how fast the institutional tokenization market is actually growing.
Carlos Domingo described the moment bluntly in the Q1 earnings filing: "Tokenization is poised to be the most consequential upgrade to U.S. capital-market infrastructure in a generation." That's not a marketing claim — it's an earnings statement that will now be accompanied by public financial data every quarter.
The shareholder vote is June 29. The outcome will determine whether the sector's most consequential infrastructure company becomes publicly accountable or stays private for longer.
→ Top Voices #02: Carlos Domingo — The Man Building RWA Infrastructure
→ Case Study: KKR's tokenized PE fund — Securitize infrastructure in practice
→ Fortune Crypto 100: Securitize ranked #10 in Crypto Services