Jump Crypto Acquires Strategic Equity in Securitize to Advance Institutional Tokenization Technology

Jump Crypto has announced it has acquired a strategic stake in Securitize, a leading tokenisation company, for an undisclosed amount. The crypto arm of Jump Trading said the partnership is aimed at accelerating institutional adoption of tokenised assets and driving the development of collateral management solutions. "The relationship will focus on enhancing institutional access to tokenised assets and driving the development of collateral management solutions," Securitize said. As of May 5, Securitize has helped manage the tokenisation of nearly $4 billion in assets, with clients including Apollo, BlackRock, Hamilton Lane and KKR. "This is a sign that companies such as Jump are not only bullish on tokenisation, but also that they are playing an important role in the transformation of capital markets," said Michael Sonnenshein, chief operating officer of Securitize. Currently, more than $22 billion of real-world assets are represented on the blockchain.