Securitize Capital, a subsidiary of tokenized asset platform Securitize, has registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser, which will enable the firm to expand its regulated investment advisory activities to institutional clients, Securitize said on Monday.
Registration adds investment advisory capabilities to Securitize’s existing regulated businesses, which include an SEC-registered broker-dealer, alternative trading facility, transfer agent and fund administration services.
CEO Carlos Domingo said the registration strengthens Securitize’s ability to lend a hand institutions develop and manage investment strategies for onchain capital markets. Securitize Capital previously operated as an exempt reporting adviser and is now subject to additional disclosure, compliance, recordkeeping and screening requirements under the Investment Advisers Act.
Securitize is the largest tokenization platform by onchain asset value, with approximately $4.8 billion in tokenized assets across BlackRock, Apollo, KKR, VanEck, Hamilton Lane and other asset managers.
The company began trading on the New York Stock Exchange under the symbol SECZ on July 2 after completing a connection with Cantor Equity Partners II. Shares since then fallen approximately 46% from the closing price on the first day.
Top RWA tokenization platforms. Source: RWA.xyz
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