Quotidien Finance digitale, open finance, blockchain
              



Blockchain: Sony Invests in Securitize


Capital infusion from Sony Financial Group’s venture capital arm marks the latest endorsement of Securitize and its underlying technology.



Securitize, the trusted solution for modernizing capital markets by enabling digital securities, has secured a strategic fundraise from SFV・GB L.P, a corporate venture capital fund managed by Sony Financial Ventures (SFV) and Global Brain. The investment is an extension of Securitize’s latest funding round which raised more than $14 million from backers including MUFG Innovation Partners, Nomura Holdings, and Santander InnoVentures, as well as early investors like Blockchain Capital.

Securitize is modernizing capital markets by enabling digital securities, making them easier to own, simpler to manage, and faster to trade. These digital securities can represent various asset classes including equity, fund stakes, fixed income, and real estate. Securitize’s DS Protocol, which manages secondary trading and corporate actions, is a full-stack technology solution with the highest adoption rate in the financial services industry.

“We are pleased to add Sony Financial Ventures as a strategic investor in Securitize,” said Carlos Domingo, Co-Founder, and CEO of Securitize. “The investment validates Securitize as one of the most important architects of digital capital markets while adding another marquee name to a growing list of companies who are investing in digital securities as the future of global capital markets.”

Sony Financial Ventures is part of Sony Financial Group, a financial services group comprising the holding company Sony Financial Holdings Inc. and its subsidiaries including Sony Life Insurance Co., Ltd., Sony Assurance Inc. and Sony Bank Inc. It provides funding for consumer and enterprise-facing businesses in various stages across North America, Europe, and Asia, and is specialized in backing revolutionary technologies such as artificial intelligence & machine learning, robotics, loT and visualization.

“Securitize is expertly leveraging blockchain technology to create a new asset class with astonishing abilities,” said Junji Nakamura, Director, and Member of the Board of SFV. “We at Sony Financial Group are excited to take on this challenge with Securitize and create new value together.”

The investment signifies Japan’s growing interest in digital securities. Last year, MUFG formed a 22-company research consortium to explore the use of blockchain and security tokens for automatic securities settlement. Securitize also received a seven-figure sum investment from SBI Investment, the asset management subsidiary of Tokyo-listed SBI Holdings, in November.

Tokenization’s transformative potential for securities and their function in capital markets is further validated by Securitize’s other backers. The firm has secured additional strategic investment from the likes of Coinbase Ventures, Global Brain, KDDI Open Innovation Fund, Mitusi Fudosan's 31 Ventures, Ripple’s Xpring, and SBI Investment.

About Securitize
Securitize is modernizing capital markets by enabling digital securities, making them easier to own, simpler to manage, and faster to trade. Securitize’s innovative DS Protocol has the highest adoption rate in the industry and enables seamless, fully-compliant trading across multiple markets simultaneously. Multiple Securitize-powered digital securities are already trading globally on public marketplaces with many more in the pipeline. For more information, please visit www.securitize.io.

About Sony Finance
Sony Financial Ventures is a member of the Sony Financial Group, which operates mainly insurance and banking businesses in Japan. Sony Financial Ventures invests in startups that have a competitive edge in Fintech or in other fields, aiming to strengthen its existing businesses through collaboration, as well as to develop new businesses.



No Offer, Solicitation, Investment Advice, or Recommendations

This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security.
Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change.
All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.


Vendredi 7 Février 2020
Notez


Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Finyear: latest news, derniers articles

Free Daily Newsletter / Newsletter quotidienne gratuite




Finyear - Daily News