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  • 🪨 Securitize's IPO Details and Banking & Stablecoins are Crossing Paths

🪨 Securitize's IPO Details and Banking & Stablecoins are Crossing Paths

Your Mid-Week Security Token Digest

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Welcome to your Wednesday RWA breakdown ā˜€ļø We have two captivating topics for you to dive into:

1ļøāƒ£ šŸ“ˆ Securitize’s IPO Details Now Available

2ļøāƒ£ šŸ¤ Banking and Stablecoin Services are Crossing Paths: Western Union, Citi, WisdomTree

Without further ado, it's time to…

Get Liquid šŸ’§

Your First Captivating Topic of the Week

šŸ“ˆ Securitize’s IPO Details Now Available

Just a couple of weeks ago we covered ARK taking a stake in Securitize and the early chatter of the tokenization platform’s potential IPO. On Monday we covered tZERO’s IPO announcement. And yesterday confirmed Securitize’s (which made waves on Crypto Twitter and LinkedIn) as the company shared more details!

Summary of the Details:

  • Securitize’s Pre-Money Equity: $1.25 Billion šŸ¦„

  • Exchange and Ticker: $SECZ on the Nasdaq

  • Anticipated Listing Date: As Early as January 2026

  • Proceeds: $469M

    • $225M from PIPE Financing (Private Investment in Public Equity), includes Borderless Capital, Arche, Hanwha Investment, and ParaFi

    • $244M in SPAC’s Trust Account

  • Financial and Capital Markets Advisor to Securitize: Citi

  • PIPE Co-Placement Agents: Citi and Cantor Fitzgerald

Okay so with all that in mind, this is a big deal for both Securitize and the tokenization industry as a whole. We’ve seen billion-dollar acquisitions in the crypto space like Bridge and Deribit, but now an RWA tokenization-specific company is reaching unicorn status and going public. Tokenization is growing its presence on Wall Street and finally (after almost a decade) starting to become the talk of town - listing on national exchanges will only catalyze that presence even more and help drive further adoption.

There’s something that Carlos Domingo said in the CNBC interview that stuck with me, however, which is that

If you’re publicly traded and you have access to stock capital markets as well as cash, you can be on the side that is consolidating and not be consolidated by somebody else.

Carlos Domingo, CEO at Securitize

This space has already started seeing consolidation being a big theme this year and will only continue in 2026. Why? There are a lot of great companies with great tech but user bases and liquidity are fragmented, larger companies see opportunities to buy instead of build, and ultimately it’s creating new innovations that are greater than the sum of its parts.

Securitize isn’t new to being the acquirer with previous acquisitions including Pacific Stock Transfer, Onramp Invest, and MG Stover’s fund admin business. So with a post-IPO war chest, imagine what else Securitize (and tZERO too for that matter) will be acquiring and getting into. International marketplaces? Market makers? Derivatives? DeFi platforms?

With now two RWA companies planning their IPOs, who’s next?

This is not financial advice.

RWA Foundation & WALLY DAO Updates

The RWA Foundation introduced the RWA Pod as ā€œA permissionless way for anyone to support RWAs using crypto with multiple RWA project tokens as yield.ā€

In partnership with PERQ, the RWA Pod allows you to deposit ETH, USDC, ARB, and S/ Sonic. Participants will receive tokens on multiple blockchain protocols related to RWA projects that the RWA Foundation has qualified and selected as Founding Members.

Two of the tokens in the POD rewards are Brickken’s BKN and DRVN’s BSTR. Want to learn more about them? Check out interviews with their founders now available on X and on YouTube, go ahead and check them out šŸ‘‡!

Your Second Captivating Topic of the Week

šŸ¤ Banking and Stablecoin Services are Crossing Paths: Western Union, Citi, WisdomTree

Banking services and tokenized cash are making a splash on both traditional and crypto-native platforms, crossing paths as they need each other for the next phase of adoption.

Starting with stablecoins helping incumbents, Western Union sees the power of blockchain technology and doesn’t want to be disintermediated so what better way to do that than to issue your own stablecoin? Western Union chose Anchorage Digital to pursue this with, issuing their U.S. Dollar Payment Token (USDPT) on Solana. Serving 100M users, WU is taking on competitors like MoneyGram that’s been working with USDC on Stellar for a while now and PayPal using Anchorage competitor Paxos. Choosing a federally-regulated crypto bank as issuance partner is a smart move by Western Union and likely only the beginning given Anchorage’s other offerings like staking and what they may have planned for Mountain Protocol’s yield-generating USDM (which they acquired in May 2025).

Citi and Coinbase are partnering up to improve the institutional payments space with a focus on ā€œfiat to onchain stablecoin payout methods.ā€ This basically means they’ll be working together to improve on and offramp capabilities with the goal of making transactions fast, seamless, and 24/7 accessible. While this is mostly, a partnership announcement it’ll be interesting to see what the combo works on as they release more information in the coming months.

And now the piece of news that IS live, WisdomTree is partnering with BNY for WisdomTree Prime app users to have Banking as a Service. What does that mean? It means that if you have a direct deposit with your employer, you could have them deposits all or a portion of your check into WisdomTree Prime, just give them your new account and routing numbers. This helps onramp onto stablecoins and an easier time investing into their tokenized funds. It doesn’t stop there though, aside from accepting bank deposits, the app now also allows users to link their self-custody wallets (like MetaMask) and send security tokens and stablecoins in and out, such as USDC, PYUSD, and the tokenized funds. So now the banking side is plugged in, self-custody wallets are plugged in, what’s next? Likely something DeFi! Will WisdomTree start allowing you to use your fund units beyond a linked debit card? Will we be able to borrow against them? Loop? We’ll definitely be keeping an eye on this!

This is not financial advice.

šŸ’¦ What else is Drippin’

Security Token Show Ends with 300 Episodes!

Check out the latest and final episode of the Security Token Show as well as the full catalog on Youtube, Spotify, Apple Podcasts & Google Podcasts.

Reports

RWA Tokenization: Key Trends and 2025 Market Outlook

Check out a report we contributed to: RWA Tokenization: Key Trends and 2025 Market Outlook. Led by Brickken, this report brings multiple parties together in diving into tokenization, with STM.co supporting with both data and some of the written sections.

What’s Inside?

āœ… A Breakdown of Tokenization and Related Benefits
āœ… Key advantages for issuers, investors, and institutions
āœ… How the market is evolving and trends shaping adoption in 2025
āœ… What’s next? Expert insights on regulation, DeFi integration, institutional involvement, and market growth

STM’s RWA Market Prediction for 2030

STM.co is proud to release a thorough report on our prediction on the tokenized real world asset market growth. This report explores the variety of opportunities within each asset class to capture value on-chain.

Tokenization can be applied to just about any object and asset type. Art, carbon credits, life insurance, and other sub $5 trillion asset classes weren’t even considered in estimates.

In order for STM to derive its 2030 market predictions, the following asset classes were evaluated: currency, M2/M3, real estate, commodities, public equities, private companies and funds, bonds, credit and lending markets.

This is not financial or investment advice.

Everything in this newsletter is for informational and entertainment purposes only. Nothing in this report should be taken as financial advice or as an inducement to purchase or sell any security. Nothing in this newsletter should be used as legal advice. Always do your own research before making any decisions regarding financial transactions of securities.