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According to a Securitize press release from 21 June, the Series B funding round was oversubscribed and saw participation from both new and existing investors. Blockchain Capital, Securitize’s largest investor, and Tactical Value, an investment fund managed by Morgan Stanley, co-led the round. They were joined by investors including Ava Labs, IDC Ventures, Migration Capital, NTT Data, Sumitomo Mitsui Trust Bank, Borderless Capital, Global Brain, and Ripple.

“Securitize developed incredible partners during our Series A round last year, both in venture capital and at major European and Japanese financial institutions,” said Securitize CEO and co-founder Carlos Domingo. “That they have been joined in our Series B by a major U.S. investment bank and the largest trust bank in Japan, as well as additional top VCs, demonstrates that confidence in the adoption of digital asset securities is increasingly mainstream.”

Participants in the Series B investment round will receive their shares in the form of digital asset securities issued by Securitize’s platform.

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The successful Series B raise follows the launch of Securitize’s asset management subsidiary, Securitize Capital, and its two cryptocurrency yield funds. 

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