BlackRock-Backed Securitize Plans NYSE Listing via SPAC Merger, Raising $400M

Key Facts

In a move reinforcing tokenization's role in financial markets, Securitize, backed by BlackRock, is expected to close its SPAC merger as early as next week, according to media reports. The company aims to begin trading on the NYSE shortly after the deal closes, raising approximately $400 million. The SPAC partner's name has not been disclosed, and the transaction is subject to shareholder approval.

The listing comes amid accelerating adoption of asset tokenization, with major institutions such as BlackRock and Goldman Sachs incorporating blockchain into asset management. According to market data, the total market cap of real-world asset tokenization surpassed $150 billion in Q1 2026, with continued growth expected. Securitize competes with firms like Polymath and Avalanche to provide tokenization solutions for banks and asset managers.

Post-listing, investors will watch Securitize's ability to expand institutional partnerships and attract new assets to its platform. While the merger provides financial clarity, long-term success hinges on regulatory developments and institutional acceptance of tokenization.