Securitize plans to go public through a merger with Cantor's SPAC, with a valuation exceeding $1 billion.

Tokenization company Securitize is in talks to form a special purpose acquisition company (SPAC) through Cantor Fitzgerald LP, according to people familiar with the matter. A merger with Cantor Equity Partners II Inc. would value Securitize at more than $1 billion, but discussions are ongoing and the company may decide to remain private.