Securitize CEO plans M&A with over $400M from IPO

Carlos Domingo, CEO of real-world asset (RWA) tokenization platform Securitize, has revealed plans to pursue mergers and acquisitions (M&A) using the more than $400 million raised from the company's listing on the New York Stock Exchange (NYSE). In an interview with CoinDesk, Domingo explained that the company has no intention of acquiring competitors, as it already has sufficient technology. He said the goal is to expand into a one-stop platform by acquiring adjacent businesses that can complement its institutional tokenization services.