Token Tech firm Securitize Raises $14 Million from Santander, MUFG
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.
A venture capital fund under the management of Sony Financial Ventures (SFV) and Global Brain has invested an undisclosed amount in security token issuance platform Securitize.
Digital asset issuer Securitize has facilitated what it says is the first direct IRA investment in security token offerings.
The platform has been set up to help reinvigorate smaller towns and villages in rural Japan.
Securitize intends to build out its new Japan office after a cash injection from SBI Holdings.
MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management.