- Securitize has acquired MG Stover’s fund administration business, becoming the largest digital asset fund administrator with $38 billion in assets under administration across 715 funds.
- The acquisition enhances Securitize’s comprehensive service offerings, including fund administration, token issuance, brokerage, transfer agency, and an alternative trading system.
- This move signals growing consolidation in the digital asset infrastructure space as companies race to build compliant platforms that mirror traditional finance on blockchain rails.
Securitize has acquired MG Stover’s fund administration business, establishing its subsidiary Securitize Fund Services (SFS) as the largest digital asset fund administrator in the industry. The announcement was made on Tuesday, with the MG Stover team now set to operate under the SFS banner to enhance the company’s institutional-grade offerings, according to a press release.
Following the acquisition, SFS now oversees $38 billion of assets under administration across 715 funds, including Securitize’s tokenized fund offerings such as BlackRock‘s $2.45 billion tokenized U.S. Treasury fund (BUIDL). The expanded Securitize platform now offers a comprehensive suite of integrated services spanning fund administration, token issuance, brokerage, transfer agency, and an alternative trading system (ATS).
Consolidation in Digital Asset Infrastructure
The deal represents a significant consolidation move in the digital asset infrastructure space, where competitors are working to develop compliant platforms that combine traditional finance capabilities with blockchain technology. This integration means asset managers can issue tokenized securities, administer them, and facilitate trading without leaving the ecosystem.
Carlos Domingo, co-founder and CEO of Securitize, emphasized the strategic importance of the acquisition, stating that it “cements our role as the most comprehensive platform for institutional grade real-world asset tokenization and fund administration.”
Growing Tokenization Market
Asset tokenization represents one of the fastest-growing segments within the digital asset sector. Traditional financial institutions and banks are increasingly adopting blockchain technology to manage instruments like funds, bonds, and credit. According to projections from BCG and Ripple, the tokenized asset market is expected to reach $18 trillion by 2033.
However, this rapid growth comes with potential risks. According to a Moody’s report, operational inexperience remains a significant concern in the expanding tokenization market. As the sector continues to evolve, companies with comprehensive service offerings like Securitize may be positioned to address these challenges while facilitating broader market adoption.
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