[Asset Tokenization Company Securitize to Go Public via $1.25 Billion SPAC Deal] According to The Block, Securitize has become the latest crypto-native company to announce plans to go public, with a pre-listing equity valuation of $1.25 billion. The asset tokenization giant plans to list in the U.S. through a special purpose acquisition company (SPAC) initiated by an affiliate of Cantor Fitzgerald. The merged company will be renamed Securitize Corp. and will trade on Nasdaq under the ticker symbol SECZ. Additionally, the company plans to tokenize its own equity. As part of the public listing process, Securitize stated that it plans to raise a total of $469 million to "strengthen the company's balance sheet" and accelerate its business roadmap. This funding includes a fully committed $225 million private investment in public equity (PIPE) transaction, attracting new investors such as Arche, Borderless Capital, Hanwha Investment & Securities, InterVest, and ParaFi Capital. Citi and Cantor will serve as joint placement agents for the PIPE transaction. Securitize announced that existing shareholders, including ARK Invest, BlackRock, Blockchain Capital, Hamilton Lane, Jump Crypto, and Morgan Stanley Investment Management, will transfer 100% of their equity into the merged company.