Digital Assets startup Securitize announced it raised a $48 million Series B funding round. The company is best known for its platform that enables the compliant issuance of tokenized securities.
Blockchain Capital and Morgan Stanley Tactical Value co-led the round that includes IDC Ventures, NTT Data and Sumitomo Mitsui Trust Bank. NTT Data is developing a security token issuance platform with Securitize and Sumitomo Mitsui Trust issued a tokenized security using its platform.
Unsurprisingly Securitize used its own platform to issue the tokenized stock to investors.
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