Today blockchain firm Securitize announced that it has raised $14 million from some of the world’s largest banks. Santander InnoVentures, Mitsubishi UFJ Financial Group (MUFG) Innovation Partners, and Nomura Holdings participated in the investment for blockchain stored securities.
San Francisco-based Securitize provides a compliance platform for tokenized securities. Its DS Protocol manages the trading of digital securities in the regulated market, and currently boasts the highest adoption rate in the sector.
Today’s announcement is an extension of Securitize’s Series A round and additionally includes platforms Tezos and Algo VC so that they can digitize securities on their blockchains. The firm previously raised $12.75 million from the likes of Ripple, Blockchain Capital, and Coinbase.
The CEO of Securitize, Carlos Domingo, said: “Bringing on key strategic investors like Santander InnoVentures, MUFG, and Nomura, as well as leading blockchain investors, validates how transformative digital securities are for traditional financial markets.”
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