Securitize acquires MG Stover’s fund management business to become the largest digital asset fund management platform

Odaily News According to an official announcement, Securitize announced the acquisition of MG Stover's fund management business, and its subsidiary Securitize Fund Services (SFS) has become the world's largest digital asset fund management platform. After the acquisition, SFS manages a total of $38 billion in assets, covering 715 funds, including the $2.45 billion U.S. Treasury tokenization fund BUIDL launched in cooperation with BlackRock.
Securitize now provides integrated services covering fund management, token issuance, brokerage services, transfer agents and alternative trading systems (ATS). The company's CEO Carlos Domingo said the acquisition "strengthens Securitize's position as an institutional-grade real-world asset (RWA) tokenization and fund management integrated platform." With the accelerated adoption of blockchain by traditional finance, asset tokenization is becoming one of the fastest growing digital asset tracks. According to BCG and Ripple's forecasts, the global tokenized asset market is expected to reach $18 trillion by 2033.