Securitize Posts Record First-Quarter Revenue, Pursues Nasdaq Listing

Securitize, a company focused on real-world asset tokenization, posted record revenue in the first quarter as the institutional tokenization market continued to expand.

The Block reported on May 20 that Securitize generated about $19.5 million in revenue in the first quarter.

That was the highest quarterly revenue in the company’s history. The report added that Securitize has secured eligibility to issue ETF blockchain securities on the New York Stock Exchange’s digital trading platform.

Collaboration with major institutions also contributed to the revenue growth, including the integration of BlackRock’s BUIDL fund with UniswapX, the outlet said.

Securitize is pursuing a Nasdaq listing in the second half of this year through a merger with special purpose acquisition company Cantor Equity Partners II.

The company plans to trade under the ticker SECZ after the listing.

Global financial institutions have recently accelerated efforts to expand tokenization businesses tied to real-world assets, including bonds, funds and stablecoins.

Market participants are watching how Securitize’s listing push could influence growth in the institutional tokenization market and the expansion of digital-asset financial infrastructure in the US.