Lucía Peña
Securitize, a leader in real-world asset (RWA) tokenization, has acquired the fund administration unit of MG Stover, a prominent service provider in the digital asset sector. While the financial terms of the deal remain undisclosed, the acquisition significantly scales Securitize’s operational footprint.
With this strategic move, Securitize now oversees $38 billion in assets under administration across 715 different funds, positioning the firm among the top players in the realm of digital asset fund administration.
Deal Focuses Exclusively on Fund Services Division
Rather than a full acquisition, Securitize has taken over only the fund administration business of MG Stover. The parent company, PolySign, previously acquired MG Stover in 2022 and continues to operate its remaining services independently.
This transaction will enable Securitize Fund Services—Securitize’s proprietary platform—to expand its service offerings, helping asset managers and companies streamline the tokenization of traditional financial instruments and raise capital more efficiently through digital securities.
“Acquiring MG Stover’s fund administration division strengthens our position as the most comprehensive platform for institutional-grade RWA tokenization and fund administration,” said Carlos Domingo, Co-Founder and CEO of Securitize. “It’s a milestone that reflects our mission to serve the growing demand from both asset issuers and investors.”
Learn: What is Blockchain?
Securitize Deepens Integration of Blockchain in Traditional Finance
The acquisition follows Securitize’s March integration of RedStone, an oracle solution that provides reliable price feeds for tokenized investment products. This development enhances the company’s ability to offer on-chain access to tokenized funds from top-tier institutions like BlackRock and KKR.
MG Stover, based in Denver, offers fund administration services for digital assets, hedge funds, venture capital, and private equity, and has been recognized for its focus on crypto-native financial solutions.
Securitize and BlackRock: Building Bridges Between TradFi and DeFi
Securitize’s momentum has been building since BlackRock chose the firm to tokenize the USD Institutional Digital Liquidity Fund (BUIDL). The fund, issued on a public blockchain, surpassed $1 billion in AUM as of March 2025.
