Securitize Raises $48M in Funding Round Led by Morgan Stanley, Blockchain Capital

Securitize appointed Pedro Teixeira, the co-head of Morgan Stanley Tactical Value, to its board of directors.

AccessTimeIconJun 21, 2021 at 12:44 p.m. UTC
Updated Sep 14, 2021 at 1:14 p.m. UTC

Securitize, a digital-asset securities firm, raised $48 million in a Series B fundraising round co-led by Morgan Stanley and Blockchain Capital.

  • Securitize said the round was oversubscribed. Other participants included Ava Labs, Borderless Capital, IDC Ventures, Migration Capital, NTT Data, and Sumitomo Mitsui Trust Bank.
  • The raise comes close to the launch of Securitize Markets, a marketplace for trading digital-asset securities.
  • Recently Securitize said it will launch two crypto-security yield funds. The funds will be issued as digital-asset securities on the Algorand blockchain.
  • Securitize said it has appointed Pedro Teixeira, the co-head of Morgan Stanley Tactical Value, to its board of directors. 
  • Investors in the Series B round as well as existing Securitize investors will receive their shares in the form of digital asset securities issued by Securitize’s platform.
  • According to Securitize, its platform has more than 300,000 investors and supports more than 150 companies.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC