According to ChainCatcher's report, based on an official announcement, Securitize has announced the acquisition of MG Stover's fund management business, with its subsidiary Securitize Fund Services (SFS) becoming the world's largest digital asset fund management platform. Following this acquisition, SFS now manages total assets of $38 billion, covering 715 funds, including the $2.45 billion US Treasury tokenized fund BUIDL, launched in collaboration with BlackRock.
Securitize now offers integrated services, covering fund management, token issuance, brokerage services, transfer agency, and alternative trading system (ATS). The company's CEO Carlos Domingo stated that this acquisition "consolidates Securitize's position as a comprehensive institutional-level real-world assets (RWA) tokenization and fund management platform". As traditional finance accelerates blockchain adoption, asset tokenization is becoming one of the fastest-growing digital asset tracks. According to predictions by BCG and Ripple, the global tokenized asset market is expected to reach $18 trillion by 2033.
