Securitize adds Stellar blockchain as institutional tokenization gathers steam

Securitize (SECZ), which converts real-world assets such as equity and debt into tokens that can be traded like cryptocurrencies, said it added Stellar to its list of supported blockchains. The company already works closely with Ethereum, Solana and Avalanche and is known for issuing and managing BlackRock’s BUIDL tokenized money-market fund. Tokenization, the process of bringing assets onto a blockchain, has been generating headlines in recent months, with a growing number of companies saying they’re offering, or planning to offer, versions of shares , bonds and commodities that can be traded around the clock with few, if any, geographic restrictions.

Source: CoinDesk