HomeUSASecuritize Raises $14m in Funding

Securitize Raises $14m in Funding

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securitizeSecuritize, a San Francisco, CA-based global solution for issuing and managing compliant digital securities on the blockchain, secured a US$14M strategic funding.

Backers included Banco Santander, through its venture capital arm Santander InnoVentures, MUFG, via its wholly-owned corporate venture capital subsidiary (MUFG Innovation Partners), Nomura Holdings, KDDI Open Innovation fund, the corporate venture arm of KDDI, 31 Ventures, the innovation arm of Mitsui Fudosan, Kenetic Capital, Fenbushi Capital, Tezos Foundation, Algo VC, as well as existing investors Blockchain Capital, SPiCE VC, and SeedRocket4Founders.

The company intends to use the funds to further develop its technology platform.

Led by Carlos Domingo, Co-Founder and CEO, Securitize delivers global solutions for creating and managing compliant digital securities. The company’ compliance platform and protocol provide a full-stack solution for issuing and managing digital securities (security tokens). Its DS Protocol compliantly manages secondary trading and corporate actions for digital securities. It has 11 digital securities currently issued, five trading on public marketplaces, and dozens more in the pipeline.

In November 2018, Securitize raised US$12.75M in a Series A round from top tier blockchain technology investors including Blockchain Capital, Coinbase Ventures, Ripple Ventures, Global Brains and NXTP. This latest fundraise brings total financing to over $30M.

FinSMEs

24/09/2019

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