Securitize has taken a major step to grow its business by buying MG Stover’s fund administration arm. This move makes Securitize Fund Services the biggest crypto asset fund administrator in the world.
The organization now deals with far greater assets and more institutional clients. The transaction contributes to Securitize’s extensive range of offerings. They include issuing tokenized assets, managing funds, serving as a crypto transfer agent, and operating a regulated trading system.
The organization currently offers all major stages of digital asset investing. It also includes in its offerings raising capital, the conversion of real-world assets to tokens, dealing with compliance, and offering trades.
Securitize issues over $3.3B on blockchain
Securitize has already tokenized more than $3.3 billion worth of assets. That includes BUIDL, the largest tokenized U.S. treasury, worth $2.45 billion.
Along with that, Exodus, with over $400 million, is also included. BCAP is in front in institutional tokenized funds with $150 million. ACRED is ahead in tokenized private credit funds with $65 million.
MG Stover’s team applies extensive expertise and experience to Securitize Fund Services. Formed in 2007, they emphasized client-centric solutions with innovative technology. Work from their team now serves over 700 funds with more than $38 billion in assets.
The expansion enables Securitize to provide secure, regulation-compliant access to digital assets to both long-time and new investors. It also enables traditional fund managers to enter the blockchain space with confidence.
Bringing real-world assets On-chain
Securitize now takes center stage with full fund servicing combined with tokenization and trading. It is expanding to bring more assets from the physical world to the blockchain. It partners with giant players such as BlackRock, Apollo, and KKR. Securitize is expanding as a one-stop solution for digital securities.
This most recent purchase represents a giant stride in its quest to transform finance. Securitizes functions through its regulated offices and maintains sharp attention to detail in terms of compliance.
Its products bear risk, as all digital assets do, but provide investors with novel means of accessing markets. With more assets being tokenized, the firm aims to be at the forefront of secure and transparent fund servicing.
