RWA News: Tokenization Firm Securitize Acquires MG Stover's Digital Asset Fund Administration Unit

- Securitize has acquired MG Stover’s fund administration business, making Securitize Fund Services the largest digital asset fund administrator.

- The acquisition allows Securitize Fund Services to manage $38 billion in assets across 715 funds, including significant tokenized offerings like BlackRock's $2.45 billion tokenized U.S. Treasury fund.

- This move reflects a trend of consolidation in the digital asset space, enabling asset managers to issue, administer, and trade tokenized securities within a unified ecosystem.

- The tokenized asset market is projected to grow to $18 trillion by 2033, though it faces challenges such as operational risks, as noted by a Moody's report.

https://www.coindesk.com/business/2025/04/15/securitize-acquires-mg-stover-s-unit-to-become-largest-crypto-fund-administrator