Securitize and Cantor Fitzgerald Bring Tokenization to Onchain Capital Raising

The partnership aims to enable public companies to conduct IPOs and follow-on offerings using blockchain-based infrastructure, moving tokenization closer to the core of capital markets.

Tokenization is moving beyond digitizing existing assets, with Securitize and Cantor Fitzgerald partnering to enable public companies to raise capital through blockchain-based initial public offerings (IPOs) and follow-on equity offerings.

Under the agreement, public companies will be able to use blockchain infrastructure to issue, distribute and service tokenized securities while operating within existing capital market frameworks.

The partnership combines Cantor Fitzgerald’s equity capital markets and trading capabilities with Securitize’s regulated digital securities infrastructure, creating a pathway for companies to bring blockchain technology into the primary issuance process.

Rather than replacing traditional capital markets, the model places blockchain infrastructure underneath established securities issuance workflows, supporting digital ownership records, transparency and settlement processes.

Tokenization Moves From Asset Ownership to Capital Formation

Most institutional tokenization initiatives to date have focused on existing financial assets, including tokenized funds, U.S. Treasuries and private market investments.

Securitize and Cantor Fitzgerald partnership shifts the focus toward capital formation itself—the process through which companies first issue shares to investors and later raise additional capital through follow-on offerings.

Under the proposed structure, blockchain technology would support the issuance and servicing of securities from the moment they enter the market, rather than being applied after assets have already been created.

Securitize CEO and co-founder Carlos Domingo said companies should not have to choose between traditional capital markets and blockchain-based infrastructure, describing the partnership as a step toward making digital securities part of standard market operations.

Combining Wall Street Infrastructure With Blockchain Rails

Cantor Fitzgerald will provide equity capital markets expertise and trading capabilities, including its experience in underwriting and public offerings.

The firm ranked first in U.S. IPO activity in 2025, according to Pascal Bandelier, Cantor’s co-CEO and Global Head of Equities, who said the partnership aims to bring that capital markets experience onchain.

Securitize will provide the technology stack required for issuing, distributing and servicing tokenized securities.

Its SEC-registered broker-dealer affiliate, Securitize Markets, will participate in the offering and settlement process, allowing the structure to operate within regulated securities markets.

Institutional Tokenization Enters a New Phase

Securitize has emerged as one of the leading companies in the regulated tokenization sector, overseeing more than $5 billion in tokenized assets and working with major financial institutions including BlackRock, Apollo, KKR, Hamilton Lane and VanEck.

The company provides infrastructure covering digital securities issuance, brokerage, transfer-agent services, trading and fund administration.

Until now, much of the institutional tokenization market has focused on improving access, liquidity and settlement for assets that already exist.

The latest agreement attempts to extend blockchain infrastructure to the beginning of the financial lifecycle: when companies raise capital.

Toward Onchain Public Markets

Securitize and Cantor Fitzgerald partnership reflects a broader shift among financial institutions exploring how blockchain can modernize traditional market infrastructure.

While tokenized securities have gained traction in private markets and fixed-income products, bringing public equity issuance onchain could represent a major expansion of blockchain's role in regulated finance.

If adopted by issuers, the model could create a future where securities are issued, distributed and settled through blockchain-based systems from the start.

The next phase of tokenization may therefore not only involve putting existing assets onchain—but rebuilding how capital markets create and distribute assets.