Securitize Raises $48M in Series B Funding

Securitize, Inc., a Miami, FL-based digital asset securities company, raised $48m in Series B funding.

The round was co-led by Blockchain Capital and investment funds managed by Morgan Stanley Tactical Value, which were joined by new investors Ava Labs, IDC Ventures, Migration Capital, NTT Data and Sumitomo Mitsui Trust Bank and existing investors Blockchain Ventures, Borderless Capital, Global Brain, Mouro Capital, Ripio, Ripple and SPiCE VC.

Participants in this Series B round–as well as previous and existing investors–will receive their shares in the form of digital asset securities issued by Securitize’s platform.

Founded in 2017, Securitize is a digital asset securities company providing a solution leveraging the blockchain to allow companies to compliantly raise capital and enable individual investors to participate. Securitize has leveraged its digital platform to support more than 150 brands and 300,000 investors.

The company will add Pedro Teixeira, Co-Head of Morgan Stanley Tactical Value, to its Board of Directors, where he will join Securitize co-founder and CEO Carlos Domingo, Securitize co-founder and President Jamie Finn, SPiCE VC co-founder and Managing Partner Tal Elyashiv, and Blockchain Capital co-founder and Managing Partner Brad Stephens.

FinSMEs

22/06/2021