Securitize in Talks for Potential SPAC Merger Valued Over $1 Billion

Securitize, a tokenization platform backed by BlackRock, is engaged in discussions with a special purpose acquisition company (SPAC) created by Cantor Fitzgerald LP regarding a potential public listing. Sources close to the matter reveal that this merger could value Securitize at over $1 billion. However, negotiations remain underway, and Securitize may choose to proceed with an independent initial public offering or stay private.