Yesterday, blockchain firm Securitize announced an investment from SBI Investment, a unit of Japan’s SBI Holdings. The US-based securities tokenization startup did not disclose the funding amount.
Blockchain for securities is seeing significant activity with many Japanese firms exploring the sector. Securitize provides a compliance platform for tokenized securities. It’s blockchain solution, DS Protocol, manages the secondary trading of tokenized securities.
The firm has well as corporate actions such as dividends.
as received a lot of interest from Japanese institutions. Before the SBI investment, Securitize raised $14 million from Santander InnoVentures, Mitsubishi UFJ Financial Group (MUFG) Innovation Partners, and Nomura Holdings. Previously, it also raised $12.75 million from Ripple, Blockchain Capital and Coinbase. Video by crypto Eri.
