Jump Crypto has acquired Securitize’s significant capital interests at a private price.
Jump Crypto, the digital assets division of Chicago’s quantitative trading company Jump Trading, has acquired a significant stake in Securitize, which specializes in real-world asset tokenization.
Details of the transaction’s financial details have not been revealed.
The purpose of this partnership is to enhance institutional access to tokenized assets, such as finance, private credit and private equity, and improve collateral management solutions, particularly as the demand for real-world asset tokenization increases.
“I believe this investment should really consume this investment as a signal that companies like Jump are confident in the role and impact of tokenization on capital markets, capital formation and accessibility of investments in the chain.”
According to RWZ.xyz, more than $22 billion in real-world assets are currently represented on the blockchain.
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Jump’s backing mark is Securitize’s first external investment since BlackRock’s $47 million funding last year.
BlackRock’s Buidl Fund is the company’s first investment vehicle focused on blockchain technology. The fund operates like a money market fund and manages $2.86 billion in assets.
Why this transaction is important
Since its launch about a year ago, investments in tokenized financial products have increased by 800% to nearly $7 billion. This growth suggests that investors seeking better returns are increasingly interested in these new blockchain-based investment options.
Looking ahead, Securitize is preparing to launch Converge, a new blockchain developed in collaboration with Ethena Labs.
Designed to support Defi and Tokenized Assets, Converge aims to provide a gateway for facility capital to DEFI compliant. It is scheduled to be released this quarter.
read more: Securitize receives a $47 million funding round led by BlackRock
