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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Securitize acquisition of MG Stover fund management business, integrated into subsidiary SFS
According to Gate.io News bot, Securitize, a tokenization company for real-world assets (RWA), announced the completion of its acquisition of MG Stover's fund management business. This business has been integrated into Securitize's subsidiary, Securitize Fund Services (SFS).
After this acquisition, SFS will integrate multiple business modules such as brokerage proprietary trading, digital transfer agents, tokenization platforms, and alternative trading systems (ATS), strengthening its fund management, compliance, and reporting service capabilities. The MG Stover team has joined SFS, continuing to be responsible for fund management services and supporting the platform's compliance system.