Securitize Pursues Public Listing Through SPAC at $1.25 Billion Valuation
- Securitize is targeting a public listing via a SPAC deal valued at $1.25 billion.
- Existing investors, including ARK Invest and BlackRock, will retain their stakes in the company.
- The company has secured an additional investment through a $225 million PIPE financing round.
This move marks a significant step for Securitize as it aims to expand its operations and enhance its market presence through public funding mechanisms like SPACs and PIPE investments.
With a valuation of $1.25 billion and backing from major investors, Securitize is positioned to leverage its upcoming public listing effectively.(Source)
