Securitize, Inc. is a startup which deals with digital asset securities. The company enables digital securities which it says are easier to own, simpler to manage, and faster to trade. Securitize just brought in $48 million in a Series B fundraising round which the company said was oversubscribed.
The convergence of venture capital and asset management, explains Scrutinize, signals a consensus on the future adoption of digital asset securities and this technology continuing to grow. The raise also comes before the anticipated launch of Securitize Markets, a marketplace designed for the trading of digital asset securities, providing a path to liquidity for the private capital markets.
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Founded in 2017 by CEO Carlos Domingo, Securitize, Inc., calls itself the leading digital asset securities firm “reinventing private capital markets with a trusted end-to-end solution leveraging the blockchain to empower companies to compliantly raise capital and enable individual investors to participate.” Securitize has leveraged its digital platform to support more than 150 brands and 300,000 investors.
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Wall Street and venture capital converged in powering Securitize’s oversubscribed $48 million Series B capital raise, signaling consensus adoption of digital asset securities will continue to grow. https://t.co/z37CZT8Wr3
— Securitize (@Securitize) June 21, 2021
“Securitize developed incredible partners during our Series A round last year, both in venture capital and at major European and Japanese financial institutions. That they have been joined in our Series B by a major U.S. investment bank and the largest trust bank in Japan, as well as additional top VCs, demonstrates that confidence in the adoption of digital asset securities is increasingly mainstream,” said Securitize CEO and co-founder Carlos Domingo.
“Blockchain Capital has been a believer in digital asset securities ever since we issued one of the first security tokens in 2017 and Securitize, who we were an early investor in, has emerged as the unquestioned leader in this growing space,” said Blockchain Capital co-founder and Managing Partner Brad Stephens, who also serves on Securitize’s Board of Directors. “Blockchain Capital is proud to build upon our early investment in Securitize and to partner with Morgan Stanley and other leaders who understand the central role Securitize will play in the future of alternative assets and digital asset securities.”
“Our first investment in the blockchain industry is the leading digital asset securities firm, Securitize. Securitize is well-recognized for pioneering the securitization of digital asset securities on the blockchain, and for its fully-compliant and fully-digital end-to-end to solution that enables private companies to raise capital, and for investors to find a path to liquidity,” said Pedro Teixeira, Co-Head of Morgan Stanley Tactical Value Investing. “We make long-term investments in businesses and asset classes that are ahead of the curve. Our investment in Securitize is a sign that we believe in the growth and adoption of digital asset securities.”
“On top of the security token issuance we announced in March, our investment in Securitize further strengthens our partnership with one of the most commercially-used and technologically-advanced digital asset security solutions,” said Kazuteru Wakao, Executive Officer and General Manager of the Wholesale Business Planning Department for Japan’s Sumitomo Mitsui Trust Bank. “A stronger relationship with Securitize positions SMTB well to lead the digitization of financial services in Japan and beyond, as well as to bring cutting-edge, highly value-added products and services to our customers.”
