Jump Crypto, a branch of Jump Trading, has made a strategic investment in Securitize, an asset tokenization platform. The amount invested has not been disclosed, but this follows BlackRock's $47 million investment last year. Michael Sonnenshein, COO of Securitize, stated that Jump's participation shows that traditional financial institutions recognize the on-chain capital market. Tokenized products offer advantages such as daily dividends and collateral applications, attracting investors seeking profit from stablecoins to tokenized bonds.
Securitize provides tokenization services for leading asset management institutions such as BlackRock and Apollo. Their BUIDL fund has reached a size of $2.86 billion. They are collaborating with Ethena Labs to develop Converge – a legally compliant DeFi blockchain for institutions, expected to launch this quarter.
This information is intended to provide market information and is not investment advice.
Source: https://tintucbitcoin.com/jump-crypto-dau-tu-vao-securitize-duoc-blackrock-hau-thuan/
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