Jump Crypto Invests in Securitize for Tokenized Assets
Jump Crypto has taken a big step in the world of digital assets. They’ve bought a significant part of Securitize, a company that turns real-world assets into digital tokens.The price of this deal isn’t public.
This move is all about making it easier for big investors too use tokenized assets. these include things like Treasurys, private loans, and private company shares. As more people want to use real-world asset tokens, Jump and Securitize want to be ready.
Michael Sonneshein, COO of Securitize, said this investment shows that firms like Jump believe in tokenization. It’s changing how capital markets work and making investments more accessible.
Right now,over $22 billion of real-world assets are on blockchains,as rwz.xyz reports. This deal is also Securitize’s first external investment since BlackRock put in $47 million last year.
Investment in tokenized Treasury products has grown by 800% in just over a year, reaching nearly $7 billion. This shows that investors are looking for better returns through blockchain-based options.
Securitize is planning to launch Converge, a new blockchain with Ethena Labs. It will help institutional investors get into DeFi safely. The launch is expected this quarter.
