Securitize reports 840% revenue surge in SEC filing for SPAC merger with Cantor
New SEC documents reveal Securitize experienced a nearly tenfold revenue jump year-over-year amid growing institutional interest in asset tokenization technology.
In a recently submitted filing related to its planned public listing, asset tokenization platform Securitize disclosed revenue growth exceeding 840% through September 2025, advancing its proposed combination with a special purpose acquisition company supported by Cantor Fitzgerald.
According to a public registration document submitted to the US Securities and Exchange Commission on Wednesday, Securitize Holdings recorded total revenues of $55.6 million for the nine-month period ending in September 2025, marking an 841% surge compared to the corresponding timeframe in 2024.
Looking at the complete fiscal year 2024, Securitize posted total revenue of $18.8 million, which reflected a 129% year-over-year growth when compared to the $8.2 million generated during 2023.
Looking ahead, the company has forecasted revenues reaching $110 million for 2026 alongside $32 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).
The regulatory filing advances the company's October announcement regarding its planned merger with Cantor Equity Partners II, a special purpose acquisition company (SPAC) supported by Cantor Fitzgerald.
Established financial institutions are showing heightened interest in tokenization technology, emboldened to experiment with these solutions under a Securities and Exchange Commission that has adopted a more favorable stance toward cryptocurrency.
Securitize valued at $1.24 billion
According to Securitize, the transaction would establish a pre-transaction enterprise valuation of $1.24 billion for the company and incorporates a $225 million Private Investment in Public Equity (PIPE), which represents a financing mechanism where institutional investors purchase shares through a private placement arrangement.
The transaction, which is anticipated to reach completion during the first half of this year, remains contingent upon receiving shareholder approval and obtaining SEC clearance before it can be finalized.
Securitize is well-positioned to capitalize on the potential tokenization market due to its products, connectivity to the crypto ecosystem, and ability to attract customers, partners, and investors.
The tokenization platform currently manages $4 billion in assets under management and maintains strategic partnerships with prestigious institutional players, including BlackRock, Apollo, Hamilton Lane, and VanEck, experiencing substantial revenue expansion driven by the real-world asset tokenization surge witnessed throughout the previous year.
Tokenized value on-chain surges
Data from RWA.xyz indicates that the on-chain value of tokenized assets has experienced a remarkable 310% increase throughout the past 12 months.
The total currently stands at a record-breaking $24.2 billion, not including stablecoins, with tokenized US Treasuries accounting for 40% of that aggregate, tokenized commodities representing 20%, tokenized private credit comprising 11%, and the remaining portion distributed across tokenized alternative funds, corporate bonds, non-US government debt, and both private and public equity instruments.
When layer-2 networks are factored in, Ethereum maintains its position as the dominant blockchain platform for asset tokenization, commanding a 65% market share in the industry.
