Digital securities firm Securitize introduced a strategic funding from Sony Monetary Ventures, in a press release dated Feb. 4. The unspecified de
Digital securities firm Securitize introduced a strategic funding from Sony Monetary Ventures, in a press release dated Feb. 4. The unspecified degree of funding marks an extension of Securitize’s newest funding spherical, which noticed Santander and MUFG lead a $14 million spherical of funding capital, as Cointelegraph reported in September 2019.
Securitize is a compliance platform and protocol for token issuers that goals to modernize capital markets by the event of a digital securities ecosystem, facilitating simpler proudly owning, administration and commerce. These securities can characterize quite a lot of asset courses, together with fairness, fund stakes, fastened earnings and real-estate.
Massive backers for digital securities expertise
This newest funding from Sony Monetary Ventures provides “one other marquee identify to a rising listing of corporations who’re investing in digital securities as the way forward for international capital markets,” in line with Securitize CEO Carlos Domingo.
This listing contains monetary giants resembling MUFG Innovation Companions, Nomura Holdings, and Santander InnoVentures, who additionally joined early investors, Blockchain Capital, Coinbase Ventures, and Ripple Xpring within the newest funding spherical.
A regulated platform
Final summer season, Securitize received registration from the USA Securities and Change Fee to function as a switch agent. The agency then claimed to be the primary such agent with a functioning blockchain protocol. On the time, Domingo mentioned that official SEC registration would give consolation to potential traders.