Digital securities issuer Securitize scores $14m in strategic funding

Securitize, a solution for issuing and managing compliant digital securities on the blockchain, has scored $14m in a strategic fundraise.

The round was led by Santander InnoVentures, MUFG Innovation Partners, and Nomura Holdings. Previous investors of the startup including Blockchain Capital, SPiCE VC, and SeedRocket4Founders, also contributed to the round.

With the fresh funding, the company will further the development of its platform to help modernise the securities sector.

Securitize is a compliance platform and protocol for the issuing and managing of digital securities globally. Some of its features include investor onboarding, credit card processing, two-factor authentication, document signing, AML/KYC processes, and an investor dashboard of lifecycle management.

MUFG Innovation Partners president and CEO Nobutake Suzuki said, “Digital securities are increasingly becoming a leading use case for distributed ledger technologies within the financial services industry. Securitize has emerged as a leading solutions provider within this rapidly growing space.

“Through our investment in Securitize, MUIP is seeking to establish a strategic relationship and promote further collaboration in the future.”

The capital round has pushed the total equity raised by Securitize to $30m. Last year, the FinTech bagged $12.75m in a Series A round from investors including Blockchain Capital, Coinbase Ventures, Ripple Ventures, Global Brains and NXTP.

Last month, Securitize was registered by the US Securities Exchange and Commission as a transfer agent, enabling it to act as an official keeper of records about changes of ownership in securities.

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