Jump Crypto has acquired a significant equity stake in Securitize for an undisclosed price.
Jump Crypto, the digital asset arm of Chicago quantitative trading firm Jump Trading, has acquired a significant equity stake in Securitize, which specializes in real-world asset tokenization.
Financial details of the deal were not disclosed.
This partnership aims to enhance institutional access to tokenized assets, like Treasurys, private credit, and private equity, and improve collateral management solutions, especially as the demand for real-world asset tokenization grows.
“We think that the market should be digesting this investment really as a signal that firms like Jump now have conviction in not only tokenization, but the role and the impact that tokenization is having on capital markets, capital formation and investment accessibility on chain,” said Securitize’s COO Michael Sonneshein in a statement.
Currently, over $22 billion of real-world assets are represented on blockchains, according to rwz.xyz.
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Jump’s backing marks Securitize’s first external investment since BlackRock’s $47 million funding round last year.
BlackRock’s BUIDL fund is the company’s first investment vehicle focused on blockchain technology. The fund operates like a money market fund, managing $2.86 billion in assets.
Why this deal matters
Since launching a little over a year ago, the investment in tokenized Treasury products has increased by 800%, reaching nearly $7 billion. This growth suggests that investors seeking better returns are increasingly interested in these new, blockchain-based investment options.
Looking ahead, Securitize is gearing up to launch Converge, a new blockchain developed in collaboration with Ethena Labs.
Designed to support DeFi and tokenized assets, Converge aims to provide a compliant gateway for institutional capital into DeFi. The launch is slated for this quarter.
Read more: Securitize receives $47m funding round headed by BlackRock