Cantor Fitzgerald and Securitize introduced a partnership on July 15 to deliver IPOs and follow-on choices by public corporations onto blockchain infrastructure, in an effort to increase tokenization from secondary market buying and selling to the first capital-raising technique of conventional capital markets.
Cantor Turns to Securitize for On-chain IPOs
Cantor Fitzgerald is trying to forge a brand new path for conventional capital markets by partnering with Securitize to deliver IPOs and follow-on choices of public corporations onto blockchain infrastructure. Of their July 15 announcement, the 2 events acknowledged that this mannequin will nonetheless function throughout the framework of conventional capital markets, however will use tokenization to situation, distribute, and handle securities in a extra digital method.
Securitize and Cantor Fitzgerald are bringing IPOs and follow-on choices onchain.
Collectively, we’re making a regulated means for corporations to boost capital and conduct IPOs utilizing blockchain-based infrastructure. pic.twitter.com/lWmaXrvT7E
— Securitize (@Securitize) July 15, 2026
If efficiently applied for IPOs, it’ll contact the very core of fairness capital markets, the place the first capital-raising course of nonetheless depends closely on a number of layers of intermediaries and extremely guide post-trade verification processes. For Cantor, this can be a technique to transition its ECM and buying and selling capabilities onto a brand new infrastructure layer; for Securitize, it is a chance to push tokenization expertise deeper into public securities issuance.
How On-chain IPOs Would Work
Based on the announcement, Cantor will likely be in control of market construction and distribution, whereas Securitize will present the infrastructure for issuing, distributing, and servicing tokenized securities. On this mannequin, the blockchain doesn’t exchange your entire IPO course of however as a substitute serves because the infrastructure layer for recording, transferring, and managing possession rights.
Traders will nonetheless take part in an providing following the logic of conventional capital markets, however the securities could be represented as tokens on the blockchain. Securitize emphasised that the implementation stays inside an “established capital markets framework,” that means it should nonetheless adhere to current necessities relating to choices, custody, settlement, and transaction oversight.
The inclusion of Securitize Markets, LLC, an SEC-registered broker-dealer, on this construction demonstrates that the mannequin is designed to function throughout the current regulatory system. The novelty lies in how the infrastructure is extra digitalized, not in bypassing securities rules.
Securitize’s Observe Report
Securitize was based in 2017 and has constructed a extremely distinct place within the tokenized property sector. Based on Securitize, the corporate now manages over $5 billion in property as of July 2026 and acknowledged that it has tokenized over $4 billion in property. Amongst its most distinguished merchandise is BlackRock’s BUIDL, a tokenized treasury fund that has been intently watched by the market over the previous yr.
The corporate additionally lately went public below the ticker SECZ following a SPAC merger deal involving Cantor Fitzgerald, with a valuation of roughly $1.25 billion, based on beforehand reported sources. Securitize shares rose following the partnership information with Cantor, displaying that traders are viewing this settlement as a part of the corporate’s enlargement story, relatively than only a media-focused announcement.
Why Wall Road Is Shifting Towards Tokenization
The Cantor-Securitize settlement comes at a time when Wall Road is ramping up broad-scale tokenization testing. The Wall Street Journal (WSJ) reported that the DTCC is launching a trial to tokenize shares and Treasury bonds with almost 40 collaborating establishments, together with JPMorgan, Goldman Sachs, BlackRock, Vanguard, and the NYSE. The participation of many main names signifies that tokenization is progressively shifting from an experimental subject to a course for upgrading monetary infrastructure.
Wall Road is all in favour of tokenization as a result of conventional issuance and buying and selling processes nonetheless move by way of many middleman layers, creating friction in possession registration, settlement, and distribution. Tokenization is anticipated to scale back these frictions, enhance monitoring capabilities, and increase distribution attain whereas remaining inside current regulatory frameworks.
What to Watch Subsequent
This mannequin will solely be confirmed as soon as a primary issuer really makes use of it. The settlement at the moment solely opens up a path for on-chain IPOs and follow-on choices, whereas the precise affect will solely turn out to be clear as soon as the primary transaction happens.
Operational particulars may also decide how far the mannequin can go, from voting rights, dividends, and switch restrictions to last settlement.
One other level to observe is whether or not on-chain choices will begin with follow-on choices or go straight into major IPOs. If follow-on choices show efficient, it may function a stepping stone for bigger offers afterward.




