Securitize and Cantor Fitzgerald announced Wednesday a partnership to support blockchain-based initial public offerings and follow-on equity offerings for listed companies. The framework enables companies to raise capital through tokenized securities while operating within existing SEC regulations for public offerings. Tokenized securities have gained traction across traditional finance, with the market expanding beyond private credit and Treasurys into public equities infrastructure.
Securitize and Cantor Fitzgerald Develop Tokenized IPO Framework
The companies are developing a framework for primary issuances that supports both IPOs and follow-on offerings, in which already public companies issue additional shares to raise capital. Under the agreement, Securitize will provide the tokenization infrastructure used to issue, distribute and service the digital securities. Its SEC-registered broker-dealer affiliate, Securitize Markets, will participate in the offering and settlement process. Cantor will contribute its equity capital markets and trading capabilities typically associated with public offerings.
The collaboration builds on an existing relationship between the companies. Securitize, which provides blockchain infrastructure for tokenized real-world assets, went public through a merger with a special purpose acquisition company backed by Cantor Fitzgerald.
Tokenized Stocks Market Reaches $1.9 Billion
The value of tokenized stocks onchain has increased 16% over the past 30 days to nearly $1.9 billion, according to RWA.xyz. The market for tokenized stocks has expanded rapidly over the past year, outpacing much of the broader digital asset market. The growth is drawing established financial institutions deeper into the sector.
DTCC Launches Pilot with JPMorgan and Goldman Sachs
The Depository Trust & Clearing Corp. plans to pilot the tokenization of stocks and US Treasurys with nearly 40 financial companies, including JPMorgan and Goldman Sachs, as reported Wednesday by The Wall Street Journal. The trial follows DTCC's May announcement that it aims to roll out tokenized trading services by October. Assets slated for tokenization include shares of Microsoft (MSFT) and stablecoin issuer Circle (CRCL), as well as exchange-traded funds tracking the S&P 500 index, the Nasdaq 100 index and short-term US Treasury bonds.
FAQ
What did Securitize and Cantor Fitzgerald announce on Wednesday?
Securitize and Cantor Fitzgerald announced a partnership to support blockchain-based initial public offerings and follow-on equity offerings for listed companies. The framework allows companies to raise capital through tokenized securities while remaining within existing SEC regulations for public offerings.
How much has the tokenized stocks market grown over the past 30 days?
The value of tokenized stocks onchain has increased 16% over the past 30 days to nearly $1.9 billion, according to RWA.xyz data. The market for tokenized stocks has expanded rapidly over the past year, outpacing much of the broader digital asset market.
