Source: International Business Times
The tokenization is designed to allow companies to raise capital through offerings that incorporate blockchain-based ownership records while remaining within the existing framework for traditional IPOs and follow-on offerings Pixabay Cantor Fitzgerald and Securitize are partnering to bring blockchain technology directly into the public offering process, marking another step in Wall Street's growing adoption of tokenized securities. The companies announced Wednesday that Cantor will provide its equity capital markets and trading capabilities while Securitize will supply the infrastructure required to issue, distribute, and service tokenized securities. The arrangement is designed to allow companies to raise capital through offerings that incorporate blockchain-based ownership records while remaining within the existing framework for traditional IPOs and follow-on offerings, according to a company announcement cited by Crypto News.
