Today San Fransisco based startup
Securitize announced it’s acquiring Japanese blockchain consultancy BUIDL. Many of Securitize’s backers are Japanese including Nomura, MUFG, SBI and telecoms giant KDDI. Securitize offers blockchain solutions using its platform for compliant digital securities. The firm is also a part of the recently announced Japanese
Security Token Research Consortium.
BUIDL is a consultancy which started in 2018, and the announcement states the company is currently supporting several security token projects. Its website lists other blockchain consulting projects such as helping Japanese power company KEPCO with a blockchain solution for electric vehicle charging.
“By acquiring BUIDL, a proven security token leader and blockchain innovator in Japan, Securitize is immediately better positioned to help develop the institutional-grade security token industry in Japan, Asia and beyond,” said Carlos Domingo, Securitize CEO and Co-Founder.
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