Securitize raised over $400 million after being listed on the New York Stock Exchange and is preparing to expand the institutional monetization business chart. Corporate management is of the view that, following the monetization of dollar-based products, disclosure of stocks and ETF could become a more rapid-growth asset category for the next phase.

Over $400 million for expansion.

The Chief Executive Officer of Securitize, Carlos Domingo, stated that the funds were not only for day-to-day operations, but also that companies were assessing opportunities for acquisition that could complement existing services, not directly, but rather to improve the products and infrastructure needed by institutional clients.

As the company envisages, the future platform will cover the issuance, management and trading of tokenized securities, allowing institutional clients to complete more processes within the same system.

Approximately $4.4 billion in assets issued

According to RWA.xyz data, Securitize has now issued approximately $4.4 billion in monetized assets, including about $2.2 billion in BUIDL monetized equity funds in Beled, and also covering such institutional products as Apollo, KKR, Hamilton Lane and VanEck.

  • Currencyized assets issued on a scale of approximately $4.4 billion
  • BUIDL Fund size approximately $2.2 billion
  • Institutional clients cover many Wall Street agencies.

The article mentions that the Fund was the early master product of this round of institutions, but the company judged that the next step was to focus more on stock and ETF chains.

The company looks after the stock and the ETF.

According to Domingo, the size of the global stock market is about $14 trillion. If 2 per cent of them were moved to a block-chain network, the size of the monetized stock market alone could be about $3 trillion.

This judgement is in line with the anticipated expansion of the RWA market by many institutions. Citicorp had previously projected that by 2030, the RWA market could have grown to $5.5 trillion; Boston Consulting and Ripple had projected that it could rise to $18.9 trillion by 2033.

Wall Street is fast-tracking.

Securitize is not the only one that promotes tokenized securities. Previously, the New Haven parent company, ICE, had worked with Securitize to develop a block-link infrastructure for monetized stocks. Securitize also works with Computershare and Constantal to help listed companies issue shares directly on the chain.

At the same time, NASDAQ is also pursuing the related monetization project. DTCC, which is responsible for a large number of securities clearing and infrastructure services, is also planning to launch its own monetized securities platform later this year. According to the article, with more institutions entering, this monetized RWA market has exceeded $64 billion.