[Securitize Plans to Deploy $400 Million for M&A to Strengthen Institutional-Grade Tokenization Platform] Odaily Planet Daily reports that Securitize CEO Carlos Domingo stated the company will utilize approximately $400 million in reserves to pursue mergers and acquisitions following its listing on the NYSE, aiming to expand its institutional-grade asset tokenization business. After completing its listing through a merger with a Cantor Fitzgerald-backed SPAC, the company retained about 70% of the trust funds, providing ample cash reserves to support the next phase of expansion. Carlos Domingo noted that M&A targets will primarily focus on areas complementary to the tokenization business rather than direct competitors, with the goal of building a "full-stack tokenization service platform" for institutional clients. Securitize currently serves institutions including BlackRock, KKR, Apollo, and VanEck, having issued approximately $4.4 billion in tokenized assets to date, covering products such as BlackRock's BUIDL fund. (CoinDesk)