Securitize Acquires MG Stover Business to Become Leading Digital Asset Fund Administrator
Author: Christian Sandor | Edited by: Stephen Alpher Updated: April 15, 2025, 9:13 PM Published: April 15, 2025, 8:58 PM
Securitize, one of the leading issuers of tokenized assets, announced on Tuesday that it has acquired the fund management business of MG Stover, making its subsidiary Securitize Fund Services the largest administrator of digital asset funds.
The MG Stover team will now operate as part of Securitize Fund Services (SFS), expanding the company’s offerings to institutional clients, the press release noted.
With the acquisition, SFS now oversees $38 billion in assets across 715 funds, including Securitize tokenized funds such as BlackRock’s $2.45 billion US Treasury Tokenized Fund (BUIDL). Securitize now provides an integrated suite of services: fund administration, token issuance, brokerage, transfer agency, and an alternative trading system (ATS).
The deal highlights growing consolidation in the digital asset infrastructure space, where companies are looking to develop interoperable platforms that mirror traditional finance but operate on blockchain. For asset managers, this means the ability to issue, administer, and trade tokenized securities while remaining within the same ecosystem.
Carlos Domingo, co-founder and CEO of Securitize, noted that the acquisition “reinforces our position as the most comprehensive institutional-grade real-world asset tokenization and fund management platform.”
Asset tokenization is likely the fastest-growing segment of digital assets, as the world’s traditional financial firms and banks increasingly use blockchains to move and manage instruments such as funds, bonds, and loans. BCG and Ripple predict that the tokenized asset market will reach $18 trillion by 2033. However, rapid growth also comes with risks, including a lack of operational expertise, according to a report from Moody’s.
More: Tokenized Funds’ Rapid Growth Comes With Warning Signs: Moody’s
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