Cantor Fitzgerald, Securitize Pursue Blockchain-Based IPO, Tokenized Securities Services
JH Kim
Summary
- Wall Street investment bank Cantor Fitzgerald is partnering with Securitize to pursue blockchain-based initial public offering (IPO) and tokenized securities issuance services.
- Cantor Fitzgerald will provide equity capital markets (ECM) and trading capabilities, while Securitize will offer infrastructure for the issuance, distribution and management of tokenized securities.
- The companies plan to help businesses carry out capital raising and securities issuance through a blockchain-based (on-chain) model while complying with existing IPO rules and regulations.
Forecast Trend Report by Period
Cantor Fitzgerald, the Wall Street investment bank, is partnering with tokenization platform Securitize to develop blockchain-based initial public offering and tokenized securities issuance services.
CoinDesk reported on July 15 that Cantor Fitzgerald will provide equity capital markets and trading capabilities, while Securitize will provide infrastructure for the issuance, distribution and management of tokenized securities.
Through the partnership, the companies plan to help businesses raise capital and issue securities on-chain while complying with existing IPO rules and regulations.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.