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BlackRock-Backed Securitize Stock Plunges 40% After SPAC Debut
BlackRock-backed Securitize saw its stock price slide by a significant 40% following its SPAC debut, despite the booming tokenization market.

BlackRock-backed Securitize saw its stock price slide by a significant 40% following its SPAC debut, despite the booming tokenization market.

Tokenization firm Securitize is poised for its NYSE debut on Thursday after investors approved its SPAC merger, becoming one of the first publicly traded pure-play tokenization companies.

BlackRock-backed Securitize aims to raise $400 million as it nears its public debut on the NYSE next week via a SPAC merger.

Tokenization firm Securitize has cleared a major regulatory hurdle with the SEC, paving the way for its potential listing on the New York Stock Exchange.