Securitize Plans to Deploy $400M on Acquisition Strategy for Tokenization Business on July 6

According to CoinDesk, on July 6, Securitize (SECZ), a New York Stock Exchange-listed company, plans to deploy over $400 million to expand its institutional tokenization platform through complementary acquisitions rather than competing platforms. The company retained approximately 70% of trust funds from its previous merger with Cantor's SPAC.

Since its founding in 2017, Securitize has issued approximately $4.4 billion in tokenized assets, including BlackRock's $2.2 billion BUIDL U.S. Treasury money market fund and nearly $300 million of its own tokenized equities, positioning itself as one of the largest tokenized asset issuers.