Securitize Shares Tumble 20% as Tokenization Revenue Misses Mark

Securitize, a real-world asset tokenization platform backed by BlackRock, provides regulated brokerage, transfer-agent and on-chain issuance services. It also supplies infrastructure for BlackRock’s BUIDL fund. The company went public through a merger with Cantor Equity Partners II, marking a step toward connecting traditional publicly traded securities with blockchain markets.

Securitize began trading on the New York Stock Exchange under the ticker SECZ on July 2, 2026. At the same time, it issued about $295 million in tokens representing its own common stock on Solana and Avalanche, allowing eligible U.S. investors to trade them through a compliant platform. By July 7, however, the shares had fallen about 40% from their post-listing level, closing that day at $8.06.

Securitize is a BlackRock-backed asset tokenization platform that brings traditional assets such as funds on-chain and provides management services. With the tokenization market gaining momentum, its assets under management have surpassed $3.4 billion. Its operations and progress toward a listing have become key indicators of institutional blockchain adoption.

Securitize's first-quarter revenue rose 39% year on year to a record $19.5 million, driven primarily by its asset-servicing business, though expansion costs kept the company in the red. After the SEC cleared its registration statement and shareholders voted on June 29, Securitize merged with Cantor Equity Partners II and listed on the NYSE under the ticker SECZ on July 2. The transaction provided about $400 million to pursue acquisitions.