On April 1, The Block reported that investment firm Benchmark has initiated coverage on Securitize, assigning it a buy rating with a target price of $16. Analyst Mark Palmer compared it to the 'shovels and picks' of the tokenization sector, believing that Securitize will benefit regardless of which type of tokenized product or issuer ultimately prevails. The report noted that tokenization is one of the most profound transformations in capital markets since the introduction of electronic trading, and Securitize is at the core of this change. Currently, the company holds approximately 70% of the U.S. tokenization market and has partnered with leading asset management firms like BlackRock. Securitize plans to go public on Nasdaq through a merger with Cantor Equity Partners II, under the stock ticker SECZ.