Securitize is the leading platform for tokenizing assets and powering the next generation of security tokens. The company announced today that it has raised $7.5 million in Series A funding from Morgan Stanley Expansion Capital and other investors. This brings the total amount raised by Securitize to over $12.5 million, making it one of the most well-funded companies in the security token space.
What is Securitize?
Securitize was founded in 2017 by Carlos Domingo, the former head of product at Telefonica, and Rob Noel, the former head of technology at BlackRock. The company has offices in San Francisco and Madrid.
The company’s platform enables the issuance and management of security tokens on the blockchain. Securitize has developed a proprietary technology called the Digital Security Offering (DSO), which is a compliance-as-a-service solution that helps issuers meet the requirements of securities regulations.
The DSO is available in two versions: the Standard Edition, which is designed for small and medium-sized businesses, and the Enterprise Edition, which is designed for large enterprises.
Securitize has raised $12.75 million from a number of well-known investors, including Morgan Stanley Expansion Capital, the venture arm of Morgan Stanley; Global Brain Corporation, the largest venture capital firm in Japan; and OK Blockchain Capital, the investment fund launched by the founders of OKCoin, one of the world’s largest cryptocurrency exchanges.
In addition to the Series A funding, Securitize has also received a $500,000 grant from the US government’s Small Business Innovation Research (SBIR) program.