Shares of Securitize Corp. (NYSE:SECZ) jumped as investors digested favorable regulatory developments and Cantor Fitzgerald began coverage of the stock on September 21, giving it an overweight rating and setting a price target of $21.20. The company highlighted its position in the tokenization of traditional financial assets, which appears to be in the early stages of adoption.
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According to Cantor Fitzgerald, traditional financial assets are worth about $319 trillion worldwide, while only $39 billion is currently on-chain. This is only 0.01% of the total market. Onchain figures have nearly tripled in the past 12 months, even as the overall crypto market capitalization has dropped from $4 trillion to less than $2.2 trillion.
Cantor Fitzgerald also pointed out that it took Securitize Corp. (NYSE: SECZ ) seven years and the approval of five different regulators to establish its regulatory perimeter. The research firm sees the company’s combination of licensing and technical integration as the broadest in its category.
The company describes tokenization as the biggest financial infrastructure improvement of the last century. Based on the sector’s outlook, Cantor Fitzgerald said Securitize Corp. (NYSE: SECZ ) looks attractive at current levels.
Securitize Expands Onchain Assets Despite Weaker Financial Results
Securitize Corp. (NYSE:SECZ) began trading on the New York Stock Exchange on July 2, shortly after the end of the second quarter, becoming the first tokenized company to go public.
The company has approximately $5 billion in assets under management onchain, with more than seven assets each exceeding $100 million in assets under management. Securitize Corp. (NYSE: SECZ) says it is more than any other platform and adds to its strengthened balance sheet position to lead the next phase of institutional tokenization growth.
In Q2 2026, Securitize Corp. (NYSE:SECZ) reported that its average tokenized assets under management (AUM) grew 16% year over year. However, that asset growth did not translate into year-over-year revenue growth in the second quarter. Total revenue fell 5% year over year to $14.4 million.
The company also reported higher losses during the quarter. Net loss increased 253% to $21.69 million from $6.15 million in the previous year. Adjusted EBITDA also moved into negative territory, with a loss of $5.5 million compared to a positive adjusted EBITDA of $1.8 million in the prior-year period.