A Milestone Deal Reshaping Digital Asset Fund Management
Securitize has officially acquired the fund administration business of MG Stover, cementing its position as the largest digital asset fund administrator globally. In an April 15 announcement, the company revealed that its subsidiary, Securitize Fund Services (SFS), will now manage $38 billion in assets across 715 funds.
Expanding a Legacy in Digital Asset Administration
MG Stover, a pioneer in crypto fund administration since 2007, brings significant expertise and client base to SFS. With this acquisition, Securitize is extending its reach and reinforcing its mission to offer a full-service digital finance platform tailored for institutional investors.
More Than Just Fund Admin — A Full-Stack Powerhouse
SFS now offers an unmatched range of services: tokenization, fund administration, brokerage, trading infrastructure, and transfer agency — all under one roof. The merger enhances Securitize’s integrated tech stack and allows clients to navigate the traditional and blockchain-based asset worlds with greater speed and efficiency.
Leadership Speaks on the Future of Real-World Asset Tokenization
Carlos Domingo, Securitize’s co-founder and CEO, emphasized the importance of the move, stating, “This acquisition cements our role as the most comprehensive platform for institutional-grade real-world asset tokenization and fund administration.”
Securitize’s On-Chain Track Record Is Growing Fast
To date, Securitize has issued over $3.3 billion in tokenized assets, including:
- BUIDL: A $2.45 billion tokenized U.S. Treasury fund with BlackRock
- Exodus: A $400 million tokenized equity
- BCAP: A $150 million institutional blockchain fund
- ACRED: A $65 million private credit fund
A Sign of Industry Consolidation — and Future Growth
This acquisition reflects a larger trend of consolidation in the real-world asset (RWA) space, as firms aim to deliver seamless, all-in-one digital finance platforms. With the tokenized asset market projected by BCG and Ripple to hit $18.9 trillion by 2033, Securitize is clearly positioning itself to be a dominant force in that future.
Building the Foundation for Institutional DeFi
Securitize isn’t stopping with acquisitions. In March, the company launched Converge, a compliant blockchain developed in partnership with Ethena Labs. This new network is designed to support the next wave of tokenized assets and institutional-grade decentralized finance.
With MG Stover now fully integrated, Securitize is poised to offer a level of fund administration and asset tokenization that bridges the gap between traditional finance and blockchain innovation.
