Jump Crypto has secured a major equity stake in Securitize for an undisclosed amount.
Jump Crypto, the digital asset division of Jump Trading, has acquired a substantial equity stake in Securitize, a leader in the tokenization of real-world assets.
The financial specifics of the transaction remain confidential.
This strategic partnership aims to bolster institutional access to various tokenized assets, including Treasurys, private credit, and private equity, while enhancing collateral management solutions amid increasing demand for real-world asset tokenization.
“This investment signals that firms like Jump are confident in the potential of tokenization to transform capital markets and improve investment accessibility,” stated a representative from Securitize.
Currently, over $22 billion in real-world assets are represented on blockchain technology, according to industry sources.
Jump’s investment marks the first external funding for Securitize since BlackRock’s $47 million round last year.
BlackRock’s BUIDL fund is the company’s inaugural investment vehicle focusing on blockchain technology, managing assets totaling $2.86 billion.
Importance of the Deal
Since its inception just over a year ago, the investment in tokenized Treasury products has surged by 800%, now nearing $7 billion. This trend indicates a growing interest from investors seeking enhanced returns through blockchain-based options.
Looking forward, Securitize is preparing to launch Converge, a new blockchain initiative developed in partnership with Ethena Labs. Designed to facilitate DeFi and tokenized assets, Converge intends to offer a compliant gateway for institutional capital into the DeFi space, with a launch planned for this quarter.