Latest news with #CarlosDomingo
Yahoo
18 hours ago
- Business
- Yahoo
Tokenization is Unavoidable: Securitize CEO Domingo
A recent report from JPMorgan says that tokenization is bearish and that demand in wall street on tokenized assets hasn't taken off. However, Securitize CEO & Co-Founder Carlos Domingo believes that tokenization is 'unavoidable.' He explains more with Tim Stenovec on 'Bloomberg Crypto.'
Bloomberg
2 days ago
- Business
- Bloomberg
Tokenization is Unavoidable: Securitize CEO Domingo
A recent report from JPMorgan says that tokenization is bearish and that demand in wall street on tokenized assets hasn't taken off. However, Securitize CEO & Co-Founder Carlos Domingo believes that tokenization is 'unavoidable.' He explains more with Tim Stenovec on 'Bloomberg Crypto.' (Source: Bloomberg)
Yahoo
18-06-2025
- Business
- Yahoo
BlackRock's $2.9B Tokenized Treasury Fund Now Accepted as Collateral on Crypto.com, Deribit
The largest tokenized U.S. Treasury fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), can now be used as collateral on two of the most active crypto trading platforms, and Deribit, issuer Securitize said in a Wednesday press release. The listings allow institutional traders to post BUIDL tokens as margin for leveraged trades on those two exchanges, while also earning yield on the underlying token. The tokenized Treasury market is one of the fastest-growing sectors among tokenized assets, growing about 400% in the past year to over $7 billion in market capitalization, data show. These tokens let investors earn a yield on their idle cash, just like a money market fund, but without leaving the blockchain environment. They are also increasingly being used as collateral for trading. With $2.9 billion in assets, BUIDL is the largest of the tokenized Treasury funds and is backed by a short-term yield-bearing portfolio of cash and U.S. Treasuries. "Tokenized Treasuries are being actively used to improve capital efficiency and risk management across some of the industry's most sophisticated trading venues, while still offering yield," Securitize CEO Carlos Domingo said in the statement. "The [BUIDL] fund is evolving from a yield-bearing token into a core component of crypto market infrastructure." Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
17-04-2025
- Business
- Yahoo
Securitize Acquires MG Stover's Unit to Become Largest Digital Asset Fund Administrator
Securitize, one of the largest tokenized asset issuers, said on Tuesday it has acquired MG Stover's fund administration business, making its subsidiary Securitize Fund Services the largest digital asset fund administrator. MG Stover's team will now operate under Securitize Fund Services (SFS), enhancing the company's institutional-grade offerings, the company said in a press release. With the acquisition, SFS now oversees $38 billion of assets under administration across 715 funds, including Securitize's tokenized fund offerings such as BlackRock's $2.45 billion tokenized U.S. Treasury fund (BUIDL). Securitize now offers an integrated suite of services: fund administration, token issuance, brokerage, transfer agency, and an alternative trading system (ATS). The deal signals growing consolidation in the digital asset infrastructure space, where companies are racing to build compliant platforms that mirror traditional finance but live on blockchain rails. For asset managers, this means they can issue tokenized securities, administer them, and trade them—without leaving the ecosystem. Carlos Domingo, co-founder and CEO of Securitize, said that the acquisition "cements our role as the most comprehensive platform for institutional grade real-world asset tokenization and fund administration." Asset tokenization is perhaps the fastest growing digital asset sector, as global traditional finance firms and banks increasingly use blockchains for moving and managing instruments like funds, bonds and credit. BCG and Ripple projected the tokenized asset market to reach $18 trillion by 2033. However, the rapid growth also comes with risks, including operational inexperience, according to a Moody's report. Read more: Tokenized Funds' Rapid Growth Comes With Red Flags: Moody's Sign in to access your portfolio
Associated Press
15-04-2025
- Business
- Associated Press
Securitize Acquires MG Stover's Fund Administration Business to Become the Largest Digital Asset Fund Administrator
Securitize Fund Services now administers over $38 billion in assets across 715 funds MIAMI, April 15, 2025 /PRNewswire/ -- Securitize, the leading platform for real-world asset tokenization, has announced the acquisition of MG Stover's Fund Administration business, the pioneering fund administration firm for digital assets. With this acquisition, Securitize's subsidiary, Securitize Fund Services ('SFS'), becomes the world's largest digital asset fund administrator. This acquisition significantly expands SFS, enhancing its ability to provide best-in-class fund administration, compliance, and reporting solutions to institutional-grade asset issuers and investors, while seamlessly integrating with Securitize's broader offerings, including a broker-dealer and digital transfer agent capabilities, tokenization platform, operator of an alternative trading system (ATS), and digital asset management. As of Monday April 14, 2025*, Securitize has issued $3.3B+ in assets on-chain, including: 'Securitize's acquisition of MG Stover's Fund Administration business cements our role as the most comprehensive platform for institutional grade real-world asset tokenization and fund administration,' said Carlos Domingo, Co-Founder & CEO of Securitize. 'This is a significant step in our growth, reinforcing our commitment to expanding our capabilities as we serve an ever-expanding cohort of asset issuers and investors.' Founded in 2007, MG Stover's Fund Administration team has built a reputation for high-touch service, investor-focused solutions, and cutting-edge technology. By joining Securitize Fund Services, the team will add its expertise to a platform that facilitates fund administration alongside a broader suite of regulated financial services, including: Following the acquisition of MG Stover's Fund Administration business, SFS will service $38 billion in assets across 715 funds. For more information, visit About Securitize Securitize, the leader in tokenizing real-world assets, is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR and others. Securitize, through its subsidiaries, is a SEC-registered broker dealer, digital transfer agent, fund administrator and operator of a SEC-regulated Alternative Trading System (ATS). Securitize has also been recognized as a 2025 Forbes Top 50 Fintech company. For more information, please visit Securitize Disclosures Securities are offered through Securitize Markets, LLC, ('Securitize Markets') a registered broker-dealer and member FINRA/SIPC. Securitize Markets, LLC, and Securitize Capital, an Exempt Reporting Adviser, are not involved in either Real-World Asset (RWA) tokenization, a service provided by Securitize Inc., nor fund administration, a service provided by Securitize Fund Services, LLC. Assets such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal. Securitize, Inc. (Securitize) is a Delaware corporation. Securitize is a technology provider which, together with its affiliates, maintains an end-to-end web-based platform used by issuers for issuing securities, specifically including digital asset securities. Securitize is not a registered broker-dealer. Securitize, LLC is a transfer agent registered with the U.S. Securities and Exchange Commission. Securitize Markets also operates Securitize Markets ATS, an alternative trading system. Securitize Capital, LLC is an exempt reporting adviser filed with the State of Florida. *Data as of April 14, 2025. Source: Past performance is not indicative of future results. View original content to download multimedia: SOURCE Securitize
