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Securitize names former IMF representative to board

The Block
Securitize has appointed former IMF board member Sunil Sabharwal to its board of directors amid plans for a public listing via a merger.

Summary

Securitize has appointed Sunil Sabharwal, a former U.S. representative to the International Monetary Fund and current advisor to Blackstone, to its board of directors. Sabharwal brings extensive experience in global financial infrastructure and cross-border payments to the firm. This strategic addition occurs as Securitize prepares for a public listing through a $1 billion merger with Cantor Equity Partners II, Inc., aiming to trade on Nasdaq under the ticker CEPT. Securitize currently manages over $4 billion in onchain assets for major institutional clients.

(Source:The Block)