Tokenization Firm Securitize Gets SEC Approval for Public Debut

The New York Stock Exchange is teaming with Securitize to build its tokenized securities trading platform. With this partnership, the exchange (NYSE) has named Securitize the first digital transfer agent eligible to mint blockchain-native securities for corporate or ETF issuers on the platform, the two organizations announced in a Tuesday...

Tokenization infrastructure company Securitize plans to become a public company through a business combination with special purpose acquisition company (SPAC) Cantor Equity Partners II, which is sponsored by an affiliate of Cantor Fitzgerald. The proposed business combination values Securitize at a pre-money $1.25 billion equity...

Decentralized stablecoin cryptocurrency protocol Frax Finance launched a stablecoin that it said offers “unprecedented” transparency and custody. The frxUSD stablecoin is a rebranded evolution of the company’s flagship FRAX stablecoin and will leverage BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, Frax said...

Authorities in China have reportedly frozen bank accounts due to digital currency and fiat assets allegedly contaminated by illicit actions, CoinDesk reported. Select Chinese digital currency sellers and buyers along with over-the-counter (OTC) market makers have had accounts frozen as money laundering actions involving digital...