SECURITIZE HLDGS DL-,001

Securitize Corp’s stock fell to a new 52-week low of $6.64, down about 39.61% year-to-date and nearly 46% over the past six months, with a market capitalization of roughly $1.23 billion. The company completed the merger with Cantor Equity Partners II and is now listed under the ticker SECZ; the transaction is expected to generate about $400 million in gross proceeds, with Cantor retaining 71.5% of the trust funds after the redemption period. Securitize announced a partnership with Cantor Fitzgerald to enable blockchain-based IPOs and bolstered its board with two banking experts. Analyst house Rosenblatt initiated a buy rating with a $14.00 price target; according to data, Securitize was profitable over the past twelve months with diluted earnings per share of $0.11. » Więcej na de.investing.com

Securitize and Cantor Fitzgerald will offer a framework for conducting initial and follow-on public equity offerings onchain, combining Cantor's underwriting and market-facing capabilities with Securitize's regulated digital-securities infrastructure. Securitize Markets, the firm's SEC-registered broker-dealer, will participate in offering and settlement while issuers remain inside existing regulatory frameworks. The blockchain-backed process aims to record digital ownership, improve transparency and enable onchain settlement from the point shares enter the market; Securitize oversees over $5 billion in tokenized assets. » Więcej na finance.yahoo.com

Securitize has appointed Rebecca Macieira-Kaufmann and Manolo Sánchez to its board of directors. Both bring long-standing leadership and governance experience from large banks and financial services firms and are intended to strengthen the company’s tokenization strategy. The stock is trading at $7.94, about 29% below the start of the year; Securitize has a market capitalization of $1.36 billion and assets under management of $5 billion. Investors are looking ahead to the next quarterly report on August 13. » Więcej na de.investing.com