Investment bank initiates first coverage of Securitize, assigns a Buy rating and a $16 price target

Gate News reports that on March 31, investment bank Benchmark initiated coverage of the tokenization infrastructure platform Securitize, issuing a “Buy” rating and a $16 price target, and positioning it as a “shovel seller” opportunity in the tokenization wave.

Benchmark noted that Securitize’s business model revolves around the entire lifecycle of tokenized assets, including issuance, trading, and services. It can continue to generate revenue as the industry scales up, without depending on the success of a single asset or product. Benchmark believes that tokenization is one of the most significant transformations in capital markets since electronic trading, and Securitize is at the forefront of this trend.

Currently, Securitize holds approximately 70% of the U.S. tokenization market share and collaborates with major asset managers such as BlackRock, with its BUIDL fund totaling about $1.7 billion. Securitize plans to go public through a merger with Cantor Equity Partners II. It is expected that after the merger, it will trade on Nasdaq under the ticker SECZ. Analysts also pointed out that although industry momentum is strong, further mainstream adoption of tokenization still depends on the continued clarity of the regulatory environment.