Securitize Acquires MG Stover for $38B in Assets, Becomes Largest Digital Asset Fund Administrator with 715 Funds

Securitize has completed its acquisition of MG Stover’s fund administration business, positioning itself as the largest digital asset fund administrator globally. This strategic move enhances Securitize’s capabilities in managing assets, now totaling $38 billion across 715 funds. The acquisition is part of Securitize’s broader strategy to expand its Securitize Fund Services subsidiary and support businesses in both traditional and digital asset markets. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant