Securitize announces launch of new fund administration services
Leading tokenization firm for real-world assets (RWAs), Securitize, has announced the launch of Securitize Fund Services. The company is now able to offer a complete solution under one roof with this new service, which includes investor primary marketplace, fund administration, secondary trading via its regulated Alternative Trading System (ATS), and full tokenization services.
Securitize is proud to announce the launch of Securitize Fund Services, expanding our platform with a comprehensive fund administration solution. đź’Ľ
— Securitize (@Securitize) October 31, 2024
This marks a significant step in offering a unified, end-to-end solution that combines primary marketplace, secondary trading via… pic.twitter.com/eneRfigzbM
Securitize Fund Services
Slow and duplicative investor onboarding, delayed fund NAV calculations or lack of integration with on-chain oracles, and the inability to issue securities on demand are some of the gaps in traditional fund administration procedures that Securitize Fund Services aims to address.
Securitize is solving these problems by providing on-demand issuance and redemption of tokenized securities, automating processes through smart contracts, and digitizing investor onboarding, the post added.
With the seamless integration of tokenized real-world asset capabilities, the new Securitize Fund Services give institutional clients—including top private equity and investment management firms—the ability to manage funds more efficiently. In addition to enabling new Web3 features like USDC in-kind investment, borrowing, and lending, this unified approach simplifies investor relations, compliance, and reporting for issuers.
Securitize crosses $1 billion in tokenized onchain assets
The launch of Securitize's new fund administrator service comes as the company has surpassed over $1 billion in on-chain tokenized real-world assets, largely due to BlackRock's BUIDL fund's breakout success.
Carlos Domingo, co-founder and CEO of Securitize, said that as the company surpassed $1 billion on-chain, we continue to evolve to meet the needs of our clients, and addressing the inefficiencies in traditional fund administration is a key part of that mission.
Alongside BUIDL, which surpassed the half-billion dollar mark in July, the company reached this milestone in conjunction with its long list of other funds.
Opening up new opportunities for TradFi and Web3
Securitize's position as the industry leader in real-world asset tokenization is considerably strengthened by its expanded service portfolio. The company can now provide end-to-end solutions with low counterparty risk to web3-native institutions looking to manage their treasuries on-chain while generating yield or integrating RWAs with DeFi protocols, as well as traditional finance firms looking to tokenize funds.
Securitize secures partnership with BlackRock, KKR, and Hamilton Lane
Securitize added that it is in partnership with leading asset managers such as BlackRock, KKR, and Hamilton Lane. In addition to helping companies like BlackRock and Hamilton Lane establish new crypto-based funds, the fund administrator service also helps with tax services, financial reporting, record keeping, and regulatory compliance.
Hamilton Lane Head of Digital Assets Victor Jung stated, “As a leader in the evolving tokenization space, Hamilton Lane has prioritized broadening access to the private markets in a more efficient, scalable way.
Securitize institutional investors' unified offering
With the integration of the Primary Marketplace, Secondary Trading, Tokenization Services, Transfer Agent Services, and Fund Administration (Securitize Fund Services), Securitize now provides a complete ecosystem for managing RWAs.
In Securitize's quest to revolutionize the management and trading of real assets, this represents yet another important milestone. The company's innovative platform now provides complete solutions that improve efficiency and transparency throughout the whole investment lifecycle, from secondary market trading and fund administration to the initial offering, the post added.
Securitize integrated Zero Hash earlier in October to enable eligible investors to use the USDC stablecoin to subscribe to BlackRock's tokenized fund. The BlackRock USD Institutional Digital Liquidity Fund was made available to institutional investors through this partnership, with Zero Hash managing the conversion to US dollars.
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