Securitize plans Stellar as 17th blockchain for tokenized assets

Securitize has announced plans to integrate the Stellar network into its tokenization infrastructure, giving institutional asset managers another blockchain option for issuing and managing regulated financial products. Securitize plans to add Stellar as its 17th supported blockchain for institutional tokenized assets. The proposed integration will support issuance and management of regulated financial products on Stellar. Stellar's tokenized real-world asset market exceeded $3 billion in July, according to RedStone research. Securitize reported approximately $5 billion in tokenized securities across its platform as of September 30. No specific asset, institutional launch partner or completion date has been announced for the Stellar integration.

Source: crypto.news