Securitize revenue jumps 840% as tokenization firm advances SPAC merger
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Tokenization platform Securitize reported explosive revenue growth as it moves closer to going public through a merger with a Cantor Fitzgerald–backed blank-check company.
In a registration statement filed with the US Securities and Exchange Commission, Securitize said revenue for the nine months ending September 2025 reached $55.6 million, up 841% from the same period a year earlier. Full-year revenue for 2024 totaled $18.8 million, more than double the prior year.
The filing advances Securitize’s planned merger with Cantor Equity Partners II, a SPAC backed by Cantor Fitzgerald. The deal, announced in October, is expected to close in the first half of the year, pending shareholder approval and regulatory clearance.
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a $1.24b valuation feels rich but if blackrock and apollo are already using it, i get the bet.