Cantor Fitzgerald Flags 95% Upside in the Firm Putting Stocks Onchain

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Cantor Fitzgerald initiated coverage of Securitize with an overweight rating and a 21.20 dollar price target, implying 95% upside from Friday’s close of 10.86 dollars. The company is ranked as the largest tokenization platform with 4.64 billion dollars in distributed asset value, according to RWA.xyz. Analyst Gareth Gacetta described tokenization as the largest overhaul of financial infrastructure in a century, within a 319 trillion dollar market where only 39 billion currently sits onchain. The stock surged 24% on Monday to close at 13.50 dollars, fueled by the SEC’s temporary order allowing tokenized representations of publicly traded US equities.

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Telemac
Telemachttp://cryptoinfo.ch
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