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SECZ — Securitize News Story

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Securitize edges up after Citizens starts coverage with 'market outperform'

BUZZ-Securitize edges up after Citizens starts coverage with 'market outperform'

** Shares of tokenizing platform Securitize SECZ.N up marginally after Citizens initiates coverage with a "market outperform" rating

** Its $15 PT has a 116.8% upside to the stock's last close

** Brokerage says Securitize's moat lies in the regulated operating system around the security, not the creation of the token

** Adds that a large portion of the growth opportunity already sits inside relationships SECZ has won — it operates live products for BlackRock, Apollo, Hamilton Lane, KKR, VanEck, BNY among others

** Securitize provides regulated infrastructure for tokenized securities, supporting issuance, investor-onboarding, transfer agency, fund administration, distribution, etc

** Including session's move, stock up about 100% YTD



(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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