Key Takeaways
- Benchmark launches coverage on Cantor Equity Partners II (CEPT) stock with Buy recommendation and $16 target price.
- The special purpose acquisition company plans to combine with Securitize, a tokenization platform valued at $1.25 billion.
- Securitize commands approximately 70% market share in U.S. asset tokenization and manages BlackRock’s $2.2B BUIDL fund.
- A new collaboration between Securitize and the NYSE will enable 24/7 trading of tokenized securities.
- Analyst sees $300 trillion opportunity in real-world asset tokenization as Securitize’s addressable market.
Shares of CEPT were changing hands near $11 when this analysis was published.
Cantor Equity Partners II, Inc. Class A Ordinary Share, CEPT
Benchmark has launched research coverage on Cantor Equity Partners II stock with a Buy recommendation, highlighting the company’s forthcoming combination with Securitize, a Florida-based digital asset tokenization provider. The firm’s analyst Mark Palmer established a $16 price objective, predicting Securitize will achieve $178 million in annual revenue by late 2026.
Securitize provides a comprehensive infrastructure for converting traditional financial assets — including equities, debt instruments, and investment funds — into blockchain-based digital tokens. Benchmark characterized the platform as an attractive “pure-play investment on tokenization.”
The transaction between CEPT and Securitize was unveiled in October 2024, assigning Securitize an enterprise value of $1.25 billion. Upon closing, the merged entity will trade publicly on Nasdaq using the ticker symbol SECZ.
Palmer highlighted clear revenue forecasting for Securitize, emphasizing upfront fees from asset issuers and ongoing servicing income as dependable cash flow sources. He noted the company’s sector-agnostic approach as a strategic advantage over specialized competitors.
“Securitize is really focused on providing the process behind tokenization, from origination through servicing, in a way that’s applicable to a breadth of industry verticals,” Palmer stated.
Strategic Partnerships with BlackRock and NYSE Strengthen Market Position
Securitize currently administers BlackRock’s BUIDL fund, the industry’s largest tokenized money market vehicle with $2.2 billion in assets distributed across eight blockchain protocols, including Ethereum and Solana. BlackRock previously anchored a $47 million capital raise for Securitize, establishing a relationship Benchmark considers a significant competitive edge.
Earlier this month, Securitize and the New York Stock Exchange revealed plans for a joint infrastructure supporting tokenized securities with continuous trading capabilities. This alliance positions Securitize as a central player in the modernization of American capital markets under the SEC’s “Project Crypto” framework.
Palmer contends that Securitize’s infrastructure offers fundamental advantages over rivals by circumventing traditional settlement systems such as the DTCC. This distinguishes the company from competitors like Figure Technologies, which completed its Nasdaq debut in September 2025 with a narrower focus on tokenized home equity credit products.
Targeting $300 Trillion in Real-World Assets
Benchmark estimates Securitize’s potential market at $300 trillion — representing the global value of tangible financial assets. Given the platform’s flexibility across industries, Palmer believes the company faces no meaningful constraints from sector-specific limitations.
“The concept here really is better and faster across the board,” Palmer explained to Decrypt. “It’s just a matter of time before the market begins to recognize the benefits both in terms of efficiency and settlement times.”
According to Benchmark’s research, Securitize maintains roughly 70% dominance in the domestic tokenization sector. This commanding position, coupled with relationships with established financial institutions, should enable the company to extend its competitive advantage as adoption accelerates.
Cantor Equity Partners II stock was quoted around $11 when Benchmark released its coverage report, representing approximately 45% potential upside to the analyst’s $16 valuation.
