Securitize $1B SPAC Merger: Cantor go boost Tokenization

Securitize dey for preliminary talks to merge wit Cantor Fitzgerald SPAC sponsor, di deal value di tokenization company about $1 billion. Di proposed SPAC merger go fast-track Securitize public listing, use CEPT $240 million SPAC vehicle to avoid di long IPO. Securitize get support from major investors like BlackRock and Coinbase Ventures, dem dey plan to finish di transaction by late 2024, pending shareholders and regulatory approval. Dem wan use di proceeds expand dia real-world asset tokenization platform, onboard institutional clients, and strengthen compliance operations. Market observers see di merger as sign say investors don get appetite for digital securities and real-world asset tokenization. If e succeed, dis SPAC deal go validate di RWA tokenization market and fit set precedent for similar crypto firms wey dey find faster public listings.