Yesterday, blockchain firm Securitize announced an investment from SFV GB, the corporate venture capital fund managed by Sony Financial Ventures (SFV) and Global Brain. The California-based securities tokenization firm did not disclose the funding amount.
Securitize said the capital from SFV is an extension to its recent funding, where it raised $14 million. The round was led by Santander InnoVentures, Mitsubishi UFJ Financial Group (MUFG) Innovation Partners, and Nomura Holdings. Previously, Securitize raised $12.75 million from Ripple, Blockchain Capital, and Coinbase. Additionally, in November Japan’s SBI Holdings invested an undisclosed amount in the firm.
The startup has developed a compliance platform for tokenized securities. The blockchain solution, DS Protocol, manages the trading of digital securities in the regulated market and boasts of the highest adoption rate in the financial services industry.
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