{"id":127317,"date":"2025-04-16T18:18:42","date_gmt":"2025-04-16T18:18:42","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127317"},"modified":"2025-04-16T18:18:42","modified_gmt":"2025-04-16T18:18:42","slug":"securitize-manages-38b-with-acquisition-of-mg-stover-admin-business","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127317","title":{"rendered":"Securitize manages $38B with acquisition of MG Stover admin business"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsTokenization company Securitize has expanded its digital asset operations by acquiring MG Stover\u2019s fund administration business, in a move the company said has significantly grown its assets under management and ability to serve institutional clients.<br \/>\nWith the acquisition, MG Stover\u2019s fund administration business has been absorbed into Securitize Fund Services, Securitize\u2019s wholly owned subsidiary, the company disclosed.\u00a0<br \/>\nSecuritize Fund Services now manages more than $38 billion in assets across 715 funds.\u00a0<br \/>\nFounded in 2007, MG Stover offers full-service fund administration spanning traditional financial industries like hedge funds, venture capital and private equity, as well as digital asset funds.\u00a0<br \/>\nA Securitize spokesperson informed Cointelegraph that the acquisition pertains only to MG Stover\u2019s fund administration business and not the company as a whole.<br \/>\nIn an emailed statement to Cointelegraph, Securitize co-founder and CEO Carlos Domingo said, \u201cThe MG Stover acquisition significantly strengthens our institutional offering by adding one of the most experienced digital asset fund administration teams in the industry to Securitize Fund Services.\u201d He continued:<br \/>\n\u201cLegacy fund administrators were never designed for the speed, complexity, or global reach of digital assets. Their systems struggle with the pressure of 24\/7 markets, and they weren\u2019t built to handle stablecoin flows or real-time settlements.\u201d<br \/>\nSecuritize is one of the largest real-world asset (RWA) tokenization companies, having issued more than $3.3 billion in onchain assets, most notably the BlackRock USD Institutional Digital Liquidity Fund, also known as BUIDL.<br \/>\nBUILD currently has nearly $2.5 billion in assets, according to industry data.\u00a0<br \/>\nBUIDL leads the booming market for tokenized US Treasurys. Source: RWA.xyz<br \/>\nRelated: VC Roundup: 8-figure funding deals suggest crypto bull market far from over<br \/>\nTokenization market heats up<br \/>\nTokenized RWAs are a rapidly expanding segment of the blockchain industry, attracting both traditional investors and crypto-native users.\u00a0<br \/>\nRWA growth has defied the broad downtrend in the cryptocurrency market, with the total value of onchain financial assets surging 11.2% to $21 billion over the past 30 days, according to RWA.xyz.<br \/>\nAmid the tokenization wave, Securitize recently partnered with Ethena Labs to create a new blockchain for the RWA economy. The forthcoming Converge blockchain will allow retail and institutional investors to access tokenized assets and decentralized finance applications.\u00a0<br \/>\nMeanwhile, the Mantra blockchain recently unveiled a $109 million ecosystem fund to bootstrap startups building across the RWA and DeFi economies.\u00a0<br \/>\nRelated: Bitwise makes first institutional DeFi allocation<a href=\"https:\/\/cointelegraph.com\/news\/securitize-acquires-mg-stover-fund-admin-business?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsTokenization company Securitize has expanded its digital asset operations by acquiring MG Stover\u2019s fund administration business, in a move the company said has significantly grown its assets under&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127317"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127317"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127317\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127317"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}