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

Mars Finance News: According to an official announcement, Securitize 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. After this acquisition, SFS manages total assets of $38 billion, covering 715 funds, including the $2.45 billion U.S. 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). Company CEO Carlos Domingo stated that the acquisition "consolidates Securitize's position as a comprehensive institutional-level real-world assets (RWA) tokenization and fund management platform". With traditional finance accelerating 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 size is expected to reach $18 trillion by 2033.