Securitize Acquires MG Stover's Fund Management Division, Manages $38 Billion in Assets

Securitize, a prominent tokenization platform, has announced the acquisition of MG Stover's fund management division. This strategic move positions Securitize Fund Services as the largest digital asset fund manager in the market. The acquisition brings MG Stover's team under the Securitize Fund Services umbrella, enhancing the company's institutional-grade services.

With this acquisition, Securitize Fund Services now manages a substantial $38 billion in assets across 715 funds. This portfolio includes Securitize's tokenized fund products, such as the $2.45 billion tokenized U.S. Treasury Bond Fund (BUIDL) managed by BlackRock. The integration of MG Stover's expertise and assets significantly boosts Securitize's capabilities in the digital asset management sector.

This acquisition underscores Securitize's commitment to expanding its digital asset management services. By acquiring MG Stover's fund management division, Securitize has not only increased its asset under management but also strengthened its position as a leader in the tokenization of assets. The move is expected to drive further innovation and growth in the digital asset space, as Securitize continues to leverage its institutional-grade services to attract more clients and manage larger portfolios.

The acquisition of MG Stover's fund management division by Securitize is a significant development in the digital asset management landscape. It highlights the growing importance of tokenization in the financial industry and Securitize's leadership in this emerging field. The integration of MG Stover's team and assets into Securitize Fund Services is expected to enhance the company's capabilities and drive further growth in the digital asset management sector.