Sunday January 17, 2021
BTC $34,619.00 (-7.13%)   ETH $1,188.63 (-1.73%)
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
SWAP BITCOIN NOW
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas.net
No Result
View All Result
Home Capital Raising

Security token compliance platform Securitize raises $12.75 million

Published by CryptoNinjas.net
11/26/2018

Securitize, a compliance platform for issuing and managing compliant digitized securities on the blockchain, today announced it has raised USD $12.75 million in funding led by Blockchain Capital, also joined from blockchain technology investors including Coinbase Ventures, Global Brain, NXTP, OK Blockchain Capital, and Xpring at Ripple.

“We’re very excited to have assembled such a highly experienced and credible group of strategic partners. Not only will they provide support for Securitize as we continue to execute at the highest level of our industry, but they will also be instrumental as we prepare to tokenize Securitize for our Digital Securities Offering,” said Carlos Domingo, Co-Founder, and CEO of Securitize.

The digital securities market is estimated to be worth over USD $7 trillion annually, and Securitize is the most market-ready compliance platform for the primary issuance and lifecycle management of digital securities.

The close of this Series A funding round — led by Blockchain Capital’s Co-Founder and Managing Partner, Brad Stephens — comes ahead of Securitize’s plans to launch a Digital Security Offering (DSO) in 2019. In addition, Brad Stephens will be joining Securitize’s Board of Directors.

“Securitize’s real-time compliance solution solved a critical need for our BCAP security token. I am excited to be both a client and an investor, and help them lead the emergence of the security token industry,” said Brad Stephens, Co-Founder and Managing Partner of Blockchain Capital.

Securitize has achieved significant milestones in the development of the digital securities industry, including the issuances for blockchain VC firm’s 22x, SPiCE VC, Augmate, and the upgrade of Blockchain Capital’s digital security with more customers in the pipeline that will be issuing digital securities in the near future.

“One of Xpring’s areas of focus is decentralized financial products, including tokenized securities. Securitize is a great team focused on unlocking the private securities market with compliant, liquid, and easily tradable assets. We’re excited to be working with Securitize and supporting them as they build and grow this business,” said Ethan Beard, SVP, Xpring – a new initiative by Ripple that invests in, incubates, and acquires proven entrepreneurs and companies.

Another portion of the funds came from Tokyo-based venture capital firm, Global Brain, which will assist Securitize with business development and marketing efforts in Asia, and from NXTP, a leading Latin America fund, to help the company expand in that region.

“In our view, Securitize’s end-to-end digital securities issuance and compliance platform will play a key role in the development of the security token market. We are excited to work with Securitize to set up a presence in Japan and leverage its network to assist the company in penetrating the Japan/Asia market,” said Yasuhiko Yurimoto, CEO of Global Brain.

“Securitize’s business model and strategy are aligned with NXTP’s belief that security tokens will play a central role in the rapidly growing market of crypto assets. Securitize has taken a lead by granting a wide audience access to cutting-blockchain technology,” said Ariel Arrieta, Founder and Managing Partner of NXTP.

Securitize’s other strategic investors include the World Economic Forum’s former Managing Director and blockchain professor, Donna Redel, and former KKR partner and crypto expert John Pfeffer.

“With new digital security exchanges and marketplaces coming online and a wide variety of digital securities to be traded in a compliant way on a global scale, the opportunities for investors will be unlike anything seen before in the asset-backed securities markets,” said Domingo, who is also the founder of SPiCE VC – the first truly liquid, inclusive, and transparent tokenized VC on the blockchain.

Earlier this month, digital securities powered by Securitize’s Digital Securities Protocol were successfully traded in a compliant way on AirSwap and Open Finance Network. Other digital securities marketplaces like SharesPost, Hyperion, Blocktrade, Tzero, and more have announced their intention to support Securitize’s DS Protocol.

FacebookTwitterLinkedinRedditE-MailTelegram

Related Posts

Security token platform Securitize integrates with Avalanche blockchain

12/10/2020
Security token platform Securitize gets investment from Sony Financial Ventures

Security token platform Securitize gets investment from Sony Financial Ventures

02/04/2020
Securitize facilitates first IRA investment in a security token

Securitize facilitates first IRA investment in a security token

01/14/2020
Securitize

Securitize raises fresh $14M from Banco Santander, MUFG, and Nomura

09/24/2019
Securitize adds support for security token issuance on Algorand blockchain

Securitize adds support for security token issuance on Algorand blockchain

09/11/2019
Securitize

Securitize now an SEC-registered transfer agent for digital securities

08/21/2019
Load More
Leave Comment
CoinSwitch: Instant Cryptocurrency Exchange and Converter CoinSwitch: Instant Cryptocurrency Exchange and Converter CoinSwitch: Instant Cryptocurrency Exchange and Converter

Recent Updates

Billions of dollars in bitcoin becomes available to creditors of Mt.Gox bitcoin exchange

Cryptohopper launches new feature to automatically test, rank, and deploy trading strategies

Binance adds Navcoin (NAV) to their locked staking program

Loans now available on the Crypto.com Exchange

Modulus CEO: Parler & Amazon Strife Highlight Danger for Digital Asset Exchanges

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Purchase 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit

Trending Views

Nisbah Capital joins Tezos blockchain baker ecosystem

IOHK expands Cardano development fund with launch of new $500K round

Instimatch to leverage Algorand blockchain to advance settlement and payment solutions

Crypto exchange Poloniex launches XRP perpetual futures

Fenbushi Capital launches $15M+ investment fund for Filecoin and IPFS ecosystem

  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2021 CryptoNinjas Disclosures | Privacy Policy