Tokenization firm Securitize reports 841% revenue growth as it prepares to go public

Tokenization firm Securitize has filed a public registration statement with the SEC, moving forward with plans to go public through a merger with Cantor Fitzgerald-backed black check company Cantor Equity Partners II (CEPT).

In the Wednesday filing, the company reported $55.6 million in revenue for the first nine months of 2025, an 841% increase from the same period in 2024. Full-year 2024 revenue came in at $18.8 million, more than double that of the year before.

While most crypto-linked stocks were seeing steep 5%-10% drawdowns as bitcoin and tech stocks sold off Thursday, CEPT was 4.4% higher late in the session.

Securitize provides infrastructure to turn traditional assets — like U.S. Treasuries, funds or equity— into tokens on blockchain rails that can be issued, traded or managed more efficiently. The merger deal with CEPT still needs shareholder and regulatory approval. If cleared, Securitize would begin trading on Nasdaq as a public company under the SECZ ticker.

The deal comes as tokenization is gaining traction across traditional finance. Global banks and asset managers like JPMorgan and BlackRock increasingly include tokenized assets in their offerings, and a report by Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033.