Works in the field security-token-start-blokcheyn Securitize announced the closing of the financing round of Serie A, during which attract $ 12.75 million. It is reported CoinDesk.
Round led the company Blockchain Capital, co-founder and Managing Partner Brad Stevens is also entered in Securitize board. Also in financing startups participated Coinbase Ventures, the venture division Ripple (Xpring) and OKEx (OK Blockchain Capital), Global Brain and NXTP.
As stated by CEO Securitize Carlos Domingo, the funds will help the company attract "qualified investors" in anticipation of the launch of its proposals for security-token. According to him, Securitize aims to translate the industry valuable securities, estimated today at $ 7 trillion on blokcheyn, As this technology is more transparent and suitable alternative for audits, and also allows you to make transactions in real time.
"Tokenization traditional industry security is already happening on a global scale. To benefit from this new feature, we are planning to create your own team of developers and expand the geography of coverage from Latin America to the Asian-Pacific region and other parts of the world " – said Carlos Domingo.
It is noted that Securitize has launched a digital security is for companies such as 22x, SPiCE VC and Augmate, as well as security-token for BCAP Blockchain Capital. Digital securities, based on the protocol of the project are listed on the Stock Exchange and AirSwap OpenFinance Network in accordance with regulatory requirements.
Senior Vice President Xpring Ethan Beard said that the interests of the Ripple are distributed including the tokenized securities.
«Securitize – this is a great team, focused on the discovery of valuable securities markets by means of the relevant legal requirements and liquidity available for trading assets" – he said.
Recall that in October there were reports that the launch platform of opportunities for tokens with the characteristics of a security considering the US exchange operator Nasdaq.
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