BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
Covered by 3 sources · 3 articles
3 outlets - including Blockchainreporter, Cryptobriefing and Coindesk - are covering this story. BlackRock-backed Securitize dropped 40% after its SPAC debut, extending a rough streak for newly public crypto firms even as tokenization gains traction.
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BlackRock-Backed Securitize Tumbles 40% After SPAC Debut Despite Tokenization Boom
BlackRock-backed Securitize dropped 40% after its SPAC debut, extending a rough streak for newly public crypto firms even as tokenization gains traction.
Securitize slides 40% after SPAC debut despite tokenization boom
Securitize's stock drop highlights the volatility of SPACs and suggests tokenization's potential hinges on broader institutional adoption.
BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
The decline fits into a pattern of recently-public digital asset companies sliding after debut, Arca's Jeff Dorman said.