Securitize, the platform for real-world asset tokenization, has announced the acquisition of MG Stover’s Fund Administration business, the fund administration firm for digital assets.
With this acquisition, Securitize’s subsidiary, Securitize Fund Services (SFS), reportedly becomes the “world’s largest digital asset fund administrator.”
This acquisition expands SFS, enhancing its ability to provide fund administration, compliance, and reporting solutions “to institutional-grade asset issuers and investors, while integrating with Securitize’s broader offerings, including a broker-dealer and digital transfer agent capabilities, tokenization platform, operator of an alternative trading system (ATS), and digital asset management.”
As of Monday April 14, 2025, Securitize has “issued $3.3B+ in assets on-chain,” including:
- BUIDL, the tokenized U.S. treasury fund at $2.45B+
- Exodus, the tokenized equity at $400M+
- BCAP, the tokenized institutional fund at $150M+
- ACRED, the tokenized private credit fund at $65M+
Carlos Domingo, Co-Founder & CEO of Securitize said:
“Securitize’s acquisition of MG Stover’s Fund Administration business cements our role as the most comprehensive platform for institutional grade real-world asset tokenization and fund administration. This is a significant step in our growth, reinforcing our commitment to expanding our capabilities as we serve an ever-expanding cohort of asset issuers and investors.”
Founded in 2007, MG Stover’s Fund Administration team has “built a reputation for high-touch service, investor-focused solutions, and cutting-edge technology.”
By joining Securitize Fund Services, the team will add its “expertise to a platform that facilitates fund administration alongside a broader suite of regulated financial services,” including:
- Primary Issuance: Supporting companies and funds to raise capital through tokenized securities offerings.
- Tokenization Services: Streamlining the process of turning traditional assets into tokenized securities, allowing for greater transparency, security, and accessibility.
- Transfer Agent Services: Delivering a comprehensive suite of securities record-keeping and compliance solutions.
- Broker Dealer and ATS: Offering primary and secondary distribution of tokenized securities
Following the acquisition of MG Stover’s Fund Administration business, SFS will service $38 billion in assets across 715 funds.
As noted in the update, Securitize, the enabler of tokenizing real-world assets, is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR and others.
Securitize, through its subsidiaries, is a SEC-registered broker dealer, digital transfer agent, fund administrator and operator of a SEC-regulated Alternative Trading System (ATS).
