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Securitize and Cantor develop tokenized IPO and follow-on framework
The plan would cover both primary tokenized IPOs and secondary share sales, using Securitize’s infrastructure and Cantor’s equity capital markets and trading capabilities.
Securitize and Cantor Fitzgerald are developing infrastructure to support tokenized initial public offerings and follow-on equity offerings within the existing US securities framework, Cointelegraph reports. The effort is aimed at letting companies raise capital through tokenized securities while still operating within public-offering regulations.
Under the agreement, Securitize will provide the tokenization infrastructure to issue, distribute, and service digital securities. Its SEC-registered broker-dealer affiliate, Securitize Markets, will participate in the offering and settlement process.
Cantor will contribute equity capital markets and trading capabilities typically associated with public offerings. The collaboration also builds on an existing relationship between the companies, including Securitize going public via a merger with a SPAC backed by Cantor Fitzgerald.
The announcement comes as tokenized securities gain traction in traditional finance, with tokenization increasingly explored for public equities. Cointelegraph cites RWA.xyz data showing the value of tokenized stocks onchain rose 16% over the past 30 days to nearly $1.9 billion.