14.01.2021

Main Banks Santander, MUFG Cause you to $14M Investment in Securitize

The San Francisco-based startup has made an extension of its Series Each huge round to continue producing its technology platform.

Securitize, this Coinbase-backed token issuance project, raised $14 million small amount of funding round led in the venture capital (VC) wings akin to major commercial banks.
According to a press release on Sept. 24, a lot of major investor banks comprised Santander’s VC arm Santander InnoVentures, Japanese investment team Nomura Holdings and MUFG Innovation Partners, a fully-owned VC subsidiary of Japan’s bank holding MUFG.

The new investment on brings Securitize’s total paying for up to $30 million after a company secured $12. 75 million in a Sections A round from largest blockchain investors including Coinbase Ventures, Blockchain Capital, Ripple Ventures, Global Brains on top of that NXTP in November 2018.

Different important investors

The new fundraising also included KDDI Open Innovation fund, finally, the venture arm of KDDI, one of the largest telecom businesses in Japan, as well as important Hong Kong blockchain VC routiniert Kenetic Capital, Chinese blockchain-focused Fenbushi Capital and Mitsui Fudosan-backed 31 Ventures, the particular press release notes.

Tezos to work with Securitize

The Tezos Organisation and United States-based blockchain VC group Algo VC also participated in the process. According to the press release, Tezos while Algo VC plan to interact personally with Securitize for embroidery securities on the Tezos additionally Algorand blockchains, following the tactical investment.

That kicks off in august 2019, Securitize registered with the U. S. Sec and Exchange Commission (SEC), claiming that the company had become the first SEC-approved transfer dealer with a working blockchain standard protocol and active securities providers.

Source

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