RWA News: Tokenization Firm Securitize Acquires MG Stover's Digital Asset Fund Administration Unit

Securitize Acquires MG Stover Business to Become Leading Digital Asset Fund Administrator

The deal strengthens Securitize Fund Services' capabilities and increases its assets under management to more than $38 billion across 715 funds, the company said.

Author: Christian Sandor | Edited by: Stephen Alpher Updated: April 15, 2025, 9:13 PM Published: April 15, 2025, 8:58 PM

Basic information:

• Securitize has acquired the fund management division of MG Stover, becoming the largest administrator of funds focused on digital assets.
• The acquisition gives subsidiary Securitize Fund Services $38 billion in assets under management across 715 funds, including BlackRock's tokenized U.S. Treasury fund.
• The deal highlights growing consolidation in the dynamic digital asset tokenization sector to provide a full range of services.

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.

By subscribing, you will receive emails about CoinDesk products and agree to our terms of use and privacy policy .

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

Источник