Securitize Expands Operations to Europe with Approval from Investment Firm in Spain
Securitize, a leading company in the tokenization of real-world assets, is expanding its operations to Europe with a recent approval from the Spanish National Securities Market Commission (CNMV). This approval allows Securitize to establish Securitize Europe Brokerage and Markets, S.A. as a Sociedad de Valores (broker dealer) in Spain. This means that Securitize can now offer services for blockchain-based financial assets and act as an Entidad Responsable de Inscripción y Registro (ERIR).
Carlos Domingo, Co-founder and CEO of Securitize, expressed the importance of this milestone, stating that it will allow Securitize to tokenize, manage, and facilitate the lifecycle of digital securities in Europe. This opens up new opportunities for issuers to raise capital and for investors to access innovative investment opportunities on a unified, regulatory-compliant platform. The approval also highlights the integration of blockchain technology into Spain’s financial systems and ensures compliance with Spain’s Securities Market Law and European Union regulations like MiFID II.
As an Investment Firm, Securitize can now offer services such as tokenization of financial instruments and, pending approval under the Pilot Regulation, operate a DLT trading and settlement system. This will all be done within a regulated environment that prioritizes investor protection and operational transparency. Through partnerships with asset managers like BlackRock, Hamilton Lane, and KKR, Securitize is bringing real-world assets onto the blockchain through tokenized funds.
It’s important to note that assets like digital tokens involve risks and can be speculative, illiquid, and subject to market manipulation. Securitize is a technology provider that offers an end-to-end web-based platform for issuing digital asset securities. The company’s subsidiaries are registered entities with the U.S. Securities and Exchange Commission and operate under various regulatory frameworks to ensure compliance and investor protection.
In conclusion, Securitize’s expansion to Europe marks an exciting advancement in the world of blockchain-based financial assets. Investors and issuers alike now have access to a new avenue for raising capital and investing in innovative opportunities within a regulated and transparent environment.
