Crypto Market News: Securitize Acquires MG Stover, Now Manages $38B in Assets

In a big step forward, Securitize has announced that it will now oversee $38 billion in assets across 715 funds. This comes after acquiring MG Stover, a pioneer in digital asset fund administration. The news was shared in a press release on April 15, highlighting a significant move that strengthens Securitize’s position in the growing world of real-world asset (RWA) tokenization.

MG Stover Brings Years of Crypto Fund Experience

Founded in 2007, MG Stover was among the first to specialize in fund administration for digital assets and cryptocurrency. With years of experience in this niche space, MG Stover has built a strong reputation. Now, as part of Securitize Fund Services (SFS), it brings valuable expertise that will support Securitize’s mission to lead the way in digital finance.

By joining forces, the two companies can now offer a full range of services to institutional investors who want to explore blockchain-based finance.

A Stronger Full-Stack Platform for Institutions

Securitize already offers a wide set of tools, including trading infrastructure, tokenization, brokerage, and transfer agent services. With the addition of MG Stover, its fund servicing capabilities get a major upgrade. The company can now provide a full-stack solution that combines traditional fund administration with blockchain-powered efficiency and transparency.

This makes it easier for institutional investors to manage assets on-chain without having to rely on multiple providers.

Real-World Assets on the Blockchain Are Growing Fast

Carlos Domingo, the co-founder and CEO of Securitize, shared that this deal “cements our role as the most comprehensive platform for institutional-grade real-world asset tokenization and fund administration.” And the numbers back that up.

Securitize has already issued over $3.3 billion in tokenized assets on-chain. These include:

• BUIDL, a $2.45 billion tokenized U.S. Treasury fund managed with BlackRock
• Exodus, a $400 million tokenized equity
• BCAP, a $150 million institutional fund
• ACRED, a $65 million private credit fund
  

The acquisition supports Securitize’s commitment to helping both issuers and investors take advantage of digital assets.

The Bigger Picture: A Growing Tokenized Asset Market

The deal reflects a larger trend in the industry: consolidation. As more institutions look for end-to-end solutions in digital finance, companies like Securitize are stepping up. A recent report from BCG and Ripple suggests that the global tokenized asset market could reach $18.9 trillion by 2033. With this acquisition, Securitize is preparing for that future.

Converge: A New Blockchain for Tokenized Assets

In March, Securitize also launched Converge, a blockchain built with Ethena Labs. This new chain is designed to support tokenized asset infrastructure and institutional-grade decentralized finance. It adds another layer to the company’s growing ecosystem, offering a compliant and secure space for the expanding RWA market.

With these steps, Securitize is not just growing, it’s helping shape the future of digital finance.