Securitize has achieved a significant milestone by surpassing $1 billion in on-chain issuances and introducing Securitize Fund Services, a new platform aimed at enhancing the efficiency of fund administration through blockchain technology.
This innovative service seeks to eliminate common challenges like slow net asset valuations and cumbersome onboarding processes, ultimately streamlining digital finance operations.
The Securitize Fund Services platform tackles persistent issues in fund management by providing a comprehensive solution that simplifies onboarding, automates workflows with smart contracts, and facilitates the issuance and redemption of tokenized securities.
This integrated approach allows institutional clients from both traditional finance and the web3 space to manage their assets more effectively. Carlos Domingo, Co-founder and CEO of Securitize, expressed enthusiasm about offering clients a unified platform that combines their expertise in tokenization with advanced fund administration tools. This launch positions Securitize as a leader in the realm of real-world asset tokenization, enabling seamless investment management from start to finish.
The introduction of Securitize Fund Services follows notable collaborations with prominent financial institutions such as BlackRock, Hamilton Lane, and KKR.
These partnerships highlight Securitize’s attractiveness to large financial entities, as it allows them to incorporate real-world assets into blockchain systems, thereby minimizing counterparty risks and broadening fundraising opportunities. Victor Jung, Head of Digital Assets at Hamilton Lane, emphasized the partnership’s goal of enhancing accessibility and scalability in private markets.
In addition to its work with traditional finance, Securitize is expanding its blockchain presence through a collaboration with ParaFi Capital, focusing on tokenizing a new fund on the Avalanche blockchain. This initiative aims to lower barriers to entry and further integrate blockchain into mainstream finance.
