Jump Crypto takes tokenization leap with Securitize stake

Jump Crypto acquired an important participation in Securitize for an unhappy price.

Jump Crypto, the digital asset arm of the quantitative trading company in Chicago, Jump Trading, A acquired An important participation in Securitize, which specializes in the tokenization of active worlds.

The financial details of the agreement were not disclosed.

This partnership aims to improve institutional access to tokenized assets, such as treasure, private credit and investment capital, and to improve collateral management solutions, especially since the demand for tokenization of real assets increases.

“We believe that the market should digest this investment really as a signal that companies like Jump now have a conviction not only in tokenization, but also the role and the impact that tokenization has in the financial markets, capital training and the accessibility of investments on the channel”, ” said Securitize the COO Michael Sonnesin in a press release.

Currently, more than $ 22 billion in real assets are represented on blockchains, according to rwz.xyz.

Jump support brands Securethe first external investment since Blackrock of $ 47 million in funding Last year.

The BlackRock Buidl Fund is the leading company of the company focused on blockchain technology. The fund operates as a monetary market fund, managing $ 2.86 billion in assets.

Why this agreement is important

Since its launch just over a year ago, the investment in tokenized cash products has increased by 800%, reaching almost $ 7 billion. This growth suggests that investors who are looking for better yields are increasingly interested in these new investment options based on blockchain.

For the future, security is preparing to Launch of convergingA new blockchain has developed in collaboration with Ethena Labs.

Designed to support DEFI and tokenized assets, Converge aims to provide a bridge in accordance with institutional capital in DEFI. The launch is scheduled for this quarter.