[DigitalToday reporter Chi-gyu Hwang] Securitize and Cantor Fitzgerald are developing infrastructure to support IPOs and follow-on share offerings based on tokenised securities within the existing U.S. securities regulatory framework.

According to a recent Cointelegraph report, the two companies are preparing a basic issuance structure for public markets that would allow companies to raise funds using tokenised securities.

The structure supports both IPOs and follow-on offerings. A follow-on offering is a way for an already listed company to raise funds by issuing additional shares.

Securitize provides tokenisation infrastructure used to issue, distribute and manage digital securities. Its affiliate Securitize Markets, a broker-dealer registered with the U.S. Securities and Exchange Commission, will take part in offering and settlement procedures. Cantor Fitzgerald will handle the equity capital markets and trading capabilities needed for public offerings.

The partnership extends an existing relationship. Securitize has provided tokenisation infrastructure for real-world assets and listed through a merger with a special purpose acquisition company sponsored by Cantor Fitzgerald.

Tokenisation has largely focused on private credit and U.S. Treasuries, but efforts are growing to apply blockchain infrastructure to listed shares.

The on-chain tokenised stock market is also growing quickly. According to RWA.xyz, the value of on-chain tokenised stocks rose 16 percent over the past 30 days to about $1.9 billion.