Securitize CEO Carlos Domingo said the company plans to use about $400 million in cash reserves to pursue mergers and acquisitions after completing its NYSE listing, aiming to expand its institutional asset tokenization business. According to Odaily, the company retained about 70% of the trust funds after going public through a merger with a Cantor Fitzgerald-affiliated SPAC, leaving it with substantial cash for its next phase of expansion.
Domingo said the company’s acquisition targets will focus on areas that complement its tokenization business rather than direct competitors, with the goal of building a full-stack tokenization services platform for institutional clients.
Securitize said it currently serves institutions including BlackRock, KKR, Apollo, and VanEck, and has issued about $4.4 billion in tokenized assets, including products such as BlackRock’s BUIDL fund.
Securitize CEO Carlos Domingo Says Firm Plans M&A Using $400 Million Reserve After NYSE Listing
2026-07-06 14:43:56
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