Securitize is acquiring MG Stover’s Fund Administration Business, which will make Securitize Fund Services (SFS) the “largest” digital asset fund administrator in the world, Blockworks has learned. 

Securitize declined to disclose the terms of the deal to Blockworks.

“This is a significant step in our growth, reinforcing our commitment to expanding our capabilities as we serve an ever-expanding cohort of asset issuers and investors,” Securitize CEO Carlos Domingo said. “Securitize’s acquisition of MG Stover’s Fund Administration business cements our role as the most comprehensive platform for tokenized securities and fund administration.”

“This acquisition…

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