Stellar Lands Securitize as It Climbs the Tokenized-Asset Rankings
By Unchained
AI summary of the source article
Securitize announced plans to integrate with the Stellar network to handle the creation and administration of tokenized financial products. The move adds another blockchain option for institutional asset managers using Securitize's platform.
Why it matters
Denelle Dixon stated that the two entities will work together to "expand the tools available to asset managers on Stellar," noting Securitize "has helped establish tokenization as a practical solution for major financial institutions."
Key facts
- Securitize announced an integration with the Stellar network to create and administer tokenized financial products.
- Stellar held roughly $3.77 billion in distributed real-world asset value as of October 28, ranking fourth among blockchains.
- Securitize hosted approximately $5 billion in tokenized securities at the end of September.
Source excerpt · Unchained
The NYSE-listed firm says it will support tokenized asset issuance on Stellar, now fourth among blockchains by distributed real-world asset value, with product details to come later. The post Stellar Lands Securitize as It Climbs the Tokenized-Asset Rankings appeared first on Unchained .