Securitize Capital becomes SEC-registered investment adviser
Securitize Capital, a subsidiary of tokenization platform Securitize, has registered with the U.S. Securities and Exchange Commission as an investment adviser. This registration allows the firm to expand its regulated advisory services for institutional clients. It adds to Securitize's existing regulated offerings, which include a broker-dealer and transfer agent. CEO Carlos Domingo stated this enhances their ability to help institutions manage investment strategies for on-chain capital markets. Previously an exempt reporting adviser, the firm is now subject to stricter compliance and disclosure rules. Securitize is noted as the largest tokenization platform by on-chain asset value, managing approximately $4.8 billion in tokenized assets for major firms like BlackRock and KKR. The company began trading on the NYSE in early July following a merger, though its share price has declined significantly since its debut.
cointelegraphAyer 18:46