Benchmark maintains its buy rating on Securitize, with a target price of $16.

robot
Abstract generation in progress
According to a report by The Block, Mars Finance News says Benchmark maintains a “Buy” rating on the tokenization infrastructure company Securitize and sets a $16 target price, based on its expected revenue of about $178 million in 2027. The U.S. Securities and Exchange Commission (SEC) has announced that the registration statement for the merger between Securitize and Cantor Equity Partners II has become effective. Shareholders will vote on June 29, and following approval, the merged company is expected to list on the New York Stock Exchange under the ticker SECZ. The report states that Securitize has a differentiated advantage thanks to its compliance-licensing framework spanning the U.S. and Europe, including being registered in the U.S. as a broker-dealer, an alternative trading system, a transfer agent, and a fund services provider, as well as holding trading and settlement licenses under the EU DLT Pilot regulatory framework. Securitize currently manages approximately $3.4 billion in tokenized assets, and the size of the market segment it operates in has exceeded $30 billion.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned