BlockBeats message, April 1, according to The Block, the investment firm Benchmark has for the first time initiated coverage research on Securitize, assigning a Buy rating and a target price of $16. Analyst Mark Palmer likened it to “shovel and hoe” targets in the tokenization space, believing that regardless of which type of tokenized product or issuer ultimately emerges as the winner, Securitize can benefit from it.
The report notes that tokenization is one of the most profound changes in capital markets since the introduction of electronic trading, and Securitize is positioned right at the heart of this transformation. Currently, the company has captured about 70% of the U.S. tokenization market and has reached partnerships with leading asset managers such as BlackRock. Securitize plans to list on Nasdaq through a merger with Cantor Equity Partners II, with the ticker symbol SECZ.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
