Securitize Inc., a leader in the tokenization of real-world assets (RWA), has seen over $1 billion in issuance on the blockchain alongside the launch of new fund administration services.
Securitize Fund Services is a comprehensive suite of fund administration capabilities designed for the growing digital finance sector.
Securitize Inc. Launches New Products
The brand’s new products aim to address inefficiencies in traditional fund management. These include delayed assessments of funds’ net asset values (NAVs), repetitive onboarding processes, and slow bond issuance. By leveraging blockchain technology, the company aims to streamline these processes.
The onboarding process will be digitized, enabling automated workflows using smart contracts. The platform will also offer on-demand issuance and redemption of tokenized securities. Securitize’s Fund Services provide institutional clients with a complete solution for fund management. This service serves both traditional finance companies (TradFi) and institutions focused on the web3 market.
“We are proud to offer our clients a complete and unique platform for their investment needs, combining Securitize’s expertise in tokenization, regulated primary and secondary sales of tokenized assets, and transfer agent services with our new fund administration capabilities,” said Carlos Domingo, Co-founder and CEO of Securitize.
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In this way, the launch, which coincides with the issuance of US$1 billion on the company's blockchain, highlights the brand's leading role in the tokenization of assets.
Partnerships with BlackRock, Hamilton Lane and KKR
Furthermore, the company’s recent partnerships, particularly with asset management giants such as BlackRock, Hamilton Lane and KKR, highlight its appeal to major players in the financial sector. With Securitize’s platform, these companies can now integrate RWAs into blockchain-based systems, minimizing counterparty risk and offering new fundraising opportunities.
“As a leader in the evolving tokenization space, Hamilton Lane has prioritized expanding access to private markets in a more efficient and scalable manner. We invested and partnered with Securitize in part because they share this vision. Adding fund administration services to Securitize’s platform can provide a faster and more seamless experience for investors to access Hamilton Lane funds in this manner,” said Victor Jung, Head of Digital Assets at Hamilton Lane.
Securitize is also expanding its blockchain offerings through a strategic partnership with ParaFi Capital. As reported by BeInCrypto, the company is tokenizing a new fund on the Avalanche blockchain. The collaboration aims to lower the barriers to entry for investors and further integrate blockchain technology into the mainstream financial sector.
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However, the brand’s decision to select Wormhole Bridge as the interoperability provider for its tokenized assets remains under fire. This comes after Wormhole’s $323 million exploit raised concerns about its security.
I find it somewhat odd that Securitize decided, out of all the cross-chain protocols out there, that the most demonstrably insecure bridge (of the hacked bridges still active) was the most appropriate solution to protect its tokenized assets. I can only suspect that this decision has little to do with Wormhole’s technical quality or security track record, but more to do with the financial aspects involved in the arrangement, Zach Rynes, Chainlink’s community liaison, recently said.
The article After reaching US$ 1 billion, Securitize wants to help fund management was first seen on BeInCrypto Brasil.
