Securitize hits record $19.5M revenue in Q1, plans Nasdaq listing

Securitize, a company specializing in real-world asset (RWA) tokenization, posted record revenue of $19.5 million in the first quarter of this year, The Block reported. This performance is attributed to major institutional collaborations, such as gaining eligibility to issue ETF blockchain securities on the New York Stock Exchange's digital trading platform and integrating BlackRock's BUIDL fund with UniswapX. Securitize plans to list on Nasdaq in the second half of this year under the ticker SECZ through a SPAC merger with Cantor Equity Partners II.