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Securitize Hits Record High as Cantor Fitzgerald Starts Coverage

Shares rose 12% to $14.57 on Sept. 23, while Cantor Fitzgerald assigned an overweight rating and a $21.20 price target.

Blank financial certificates beside a polished market bell / TokenPost.ai
Blank financial certificates beside a polished market bell / TokenPost.ai

Securitize shares rose 12% to a record $14.57 on Sept. 23 as Cantor Fitzgerald began coverage of the digital asset securitization company with an overweight rating and a $21.20 price target.

The new high marked the stock’s strongest recorded price. Cantor Fitzgerald also described Securitize’s current valuation as attractive.

The firm characterized tokenization as one of the biggest changes to financial infrastructure in a century. Tokenization refers to representing financial assets in digital form, potentially changing how those assets are issued and traded.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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