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Securitize Tapped to Bring Currenc Group Equity Onchain - Crypto Economy
Securitize was selected to tokenize the ordinary shares of Currenc Group Inc., a Nasdaq-listed company. The tokens will be available to trade 24 hours a day, 7 days a week, offering fractional ownership and potential integration with DeFi protocols and algorithmic strategies.
Carlos Domingo, CEO of Securitize, noted that the goal is to build a market structure where public equities can move globally and operate more efficiently within the next-generation financial infrastructure. Currenc is the first company to announce tokenization plans through Securitize since the NYSE designated it to develop its tokenized securities platform with continuous trading operations.
The firm controls approximately 70% of the tokenization market in the United States, including assets such as BlackRock’s BUIDL fund. SuperState’s Opening Bell platform has attracted clients such as Galaxy, Forward, and SharpLink, issuing SEC-registered securities with full legal ownership rights. Securitize, for its part, is advancing toward its own public listing through a SPAC agreement sponsored by Cantor Fitzgerald, projecting to list on the Nasdaq under the ticker symbol SECZ.
Source: https://www.prnewswire.com/news-releases/securitize-tokenizes-nasdaq-listed-currenc-group-inc-ordinary-shares-302736564.html
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.