A Bold Step Toward Blockchain-Native Fund Services

Securitize has acquired MG Stover’s fund administration arm, marking a major turning point in the evolution of blockchain-based financial services. The newly integrated entity, Securitize Fund Services (SFS), now manages $38 billion in assets across 715 funds — making it the largest digital asset fund administrator globally.

From Pioneer to Powerhouse

MG Stover, launched in 2007, was among the first to service crypto-native funds. Now, as part of SFS, its institutional relationships and service models will scale with Securitize’s tech-forward approach to fund infrastructure.

All-in-One Infrastructure for Real-World Assets

From tokenization to primary issuance, trading, and fund administration, Securitize provides a unified experience. It’s also a registered transfer agent and broker-dealer, offering regulatory coverage most competitors can’t match.

CEO Carlos Domingo: A Full-Stack Future

In his remarks, CEO Carlos Domingo described the deal as pivotal in “cementing” Securitize’s leadership. The goal? To enable tokenized funds that are transparent, efficient, and ready for institutional-grade adoption.

Already a Leader in On-Chain Asset Issuance

With over $3.3B in tokenized assets under its belt, Securitize is leading the charge in bringing traditional assets on-chain. Notable tokenizations include:

• BUIDL – A U.S. Treasury fund with BlackRock ($2.45B)
  
• Exodus – Publicly traded tokenized equity ($400M)
  
• BCAP – Institutional blockchain fund ($150M)
  
• ACRED – Private credit vehicle ($65M)
  

The RWA Consolidation Era Is Here

This deal mirrors broader industry consolidation. As firms race to provide seamless digital asset solutions, combining old-school fund servicing with tokenized infrastructure is emerging as the winning model.

Converge Blockchain: The Next Layer of Trust

To support this vision, Securitize recently launched Converge — a blockchain built with Ethena Labs to serve as the backbone for RWA tokenization and institutional DeFi. It’s designed for compliance, transparency, and scalability.

In acquiring MG Stover’s fund business, Securitize is making a clear bet: the future of finance isn’t just digital — it’s tokenized, transparent, and institutional-ready.