Securitize completes SPAC merger, set for NYSE debut on July 2 as first publicly traded tokenized infrastructure company.
Hyperscale Data discloses purchase of 49 BTC within the week, total holdings of $106.7 million surpassing market cap.

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ME News Message, July 1, 2026 (UTC+8), according to comprehensive disclosure from BBX crypto concept stock information, yesterday global crypto asset market as Bitcoin completed the first half of 2026 around $60,000, two listed companies each achieved heavyweight crypto-related milestones: The SPAC merger between Securitize and Cantor Equity Partners II was completed on June 30, and the company will start trading on the New York Stock Exchange under the ticker SECZ on July 2; Hyperscale Data disclosed that its subsidiary ACG continued to purchase approximately 49 Bitcoins this week, bringing its total assets (including Bitcoin, cash, and silver) to $106.7 million, exceeding its current common market capitalization for the first time, and management publicly stated that the market valuation is seriously disconnected from fundamentals.

[Key Developments Brief]

  • Securitize Corp. (NYSE: $SECZ) received shareholder approval from Cantor Equity Partners II for the SPAC merger on June 29, the merger was completed on June 30, and the company will start trading on the New York Stock Exchange under the ticker SECZ on July 2, becoming the first purely real-world asset tokenization infrastructure company listed in the U.S. capital market. The merger raised approximately $400 million, including about $225 million in oversubscribed PIPE, the largest SPAC PIPE for an operating company since 2021; the SPAC Class A shareholder redemption rate was less than 30%, significantly lower than the typical redemption rate of 80-90% under the current macro environment. Securitize currently manages over $4 billion in tokenized assets, accounting for about 20% of the global RWA tokenization market share, with core clients including BlackRock's BUIDL tokenized money market fund (approximately $3.1 billion), Apollo, KKR, Hamilton Lane, and VanEck. The company also signed a Memorandum of Understanding with the NYSE, will act as the digital transfer agent for the NYSE's planned 24/7 tokenized stock and ETF trading platform, and plans to tokenize its own SECZ equity on that platform, achieving dual-track parallel settlement of traditional NYSE delivery and on-chain instant settlement. Benchmark Research initiated coverage with a Buy rating and a target price of $16.
  • Hyperscale Data, Inc. (NYSE American: $GPUS) released an official announcement disclosing that its subsidiaries Sentinum and Ault Capital Group (ACG) together hold 780.4838 Bitcoins (as of June 29), of which ACG purchased approximately 49.2490 Bitcoins in the open market from June 21 to 29; based on Bitcoin's closing price of $60,138 on June 29, the market value of the Bitcoin holdings is approximately $46.9 million. The company's total assets (Bitcoin + cash + restricted cash + 10,000 ounces of .999 fine silver) total approximately $106.7 million, accounting for about 117.06% of the current common stock market capitalization------that is, the company's hard asset value has surpassed its own market cap. Executive Chairman Milton "Todd" Ault III publicly stated: "In my view, the market reaction is completely disconnected from the facts." The company operates Bitcoin mining and AI data center businesses through its Sentinum subsidiary, and plans to complete the divestiture of the ACG subsidiary in the second quarter of 2027, after which the company will focus on high-performance computing data center operations and digital asset holdings. (Source: BBX )
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