Securities compliance platform Securitize has announced it has received a seven-figure Investment from SBI Investment, The asset management arm of tokyo-listed SBI Holdings, for an undisclosed amount, according to BlockBeats.
"We are pleased to have SBI as a strategic investor," said Carlos Domingo, co-founder and chief executive of Securitize. "Japan's economic strength, digital society and advanced regulatory environment have made it an attractive market for securities, and SBI has played a leading role as a founding member of the Japan securities scrip association (JSTOA)."
According to block beat BlockBeats prior to SeptemberreportsSecuritize received $14m in its series A funding, backed by investors including Santander InnoVentures, the venture capital arm of Santander, MUFG Innovation Partners and Nomura Holdings. Earlier, in late 2018, Securitize secured $12.75 million in series A financing from Blockchain Capital, Coinbase Ventures and Ripple's Xpring fund.
In addition, Securitize also in SeptemberAnnounced a partnership with Algorand, Algorand blockchain has supported Securitize's DS protocol, and users will be able to Securitize tokens on the Algorand chain.
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Silver block rhythm BlockBeats reminded, according to the circ and other five departments issued in August 2018 on the guard against in the name of the "virtual currency" "block chain" illegal fund-raising risk warning "file, please the public rationality block chain, don't blindly believe in reduction commitment, set up correct concept of money and investment philosophy, effectively raise the risk consciousness; To the illegal crime clue that discovers, can report to concerned branch actively reflect.
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