Securitize has acquired MG Stover's fund administration business, positioning its subsidiary, Securitize Fund Services, as the largest digital asset fund administrator. With this acquisition, Securitize manages over $38 billion in assets across 715 funds, including notable offerings like BlackRock's tokenized U.S. Treasury fund. This move underscores the ongoing consolidation within the digital asset tokenization sector, as firms strive to provide comprehensive services that align with traditional finance on blockchain technology. Securitize now delivers an integrated suite encompassing fund administration, token issuance, brokerage, transfer agency, and an alternative trading system, catering to asset managers seeking to issue and trade tokenized securities within a unified ecosystem. Securitize CEO Carlos Domingo emphasized that this acquisition enhances their position as the leading platform for institutional-grade tokenization and fund administration amidst a $18 trillion projected market.

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