Continental Partners With Securitize for Digital Securities

On June 24, Continental Inventory Switch & Belief Firm, a preferred unbiased inventory switch agent within the nation, introduced that it has chosen Securitize as its most well-liked tokenization companion.

Continental Offers Issuers with Entry to Blockchain-Based mostly Securities By way of Securitize

In response to the official press launch, the partnership will present Continental’s issuer shoppers, comparable to SPACs, IPOs, and publicly traded firms, entry to tokenization infrastructure. It can enable shoppers to discover blockchain-based securities possession, distribution, and capital markets options whereas sustaining the standard public market requirements.

Carlos Domingo, Co-Founder and CEO of Securitize, talked about within the press launch, “Continental has been the gold customary in SPAC processing for over 20 years and has an extended monitor file of supporting firms by way of complicated company transactions. We’re excited to proceed to work collectively to assist deliver tokenization capabilities to a broader section of the market.”

The combination of Securitize will enable Continental to supply issuers with another possibility of regulated digital securities within the tokenized type by way of Securitize. This integration will enable Securitize’s shoppers to boost operational effectivity whereas growing the pace of transactions. It can additionally assist Continental to create new investor engagement fashions whereas persevering with the prevailing high-touch service.

“Continental at the moment serves as switch agent for Cantor Fairness Companions II, Inc., supporting the CEPT shareholder assembly, de-SPAC course of, and different associated companies in reference to the proposed enterprise mixture. Upon closing of the transaction, Continental is anticipated to function trade agent for the enterprise mixture and switch agent for the mixed public firm, which is anticipated to commerce on the New York Inventory Trade beneath the ticker image SECZ,” acknowledged within the press launch.

Securitize will present Continental’s issuers with its absolutely regulated stack, together with proprietary agent know-how, KYC, and AML onboarding, by way of Securitize Markets. Securitize is working as an SEC-registered switch agent, broker-dealer, and a FINRA member. It’s the solely firm with all these vital authorizations for regulated digital securities infrastructure within the U.S. and the European Union by way of its DLT Pilot Regime license.

Steven Nelson, Chairman and President of Continental, mentioned, “Continental has lengthy been a trusted companion and chief for the SPAC neighborhood. Securitize offers our issuers entry to regulated best-in-class tokenization infrastructure, whereas preserving the high-touch service mannequin Continental is thought for.”

SEC Steerage Boosts Tokenized Asset Adoption

Amid the rising regulatory readability, the tokenized real-world property market is rising quickly. On January 28, the U.S. Securities and Trade Fee launched a detailed assertion on tokenized securities and taxonomy. Within the assertion, the company clarified that tokenized securities will comply with the identical guidelines as conventional securities.

The official assertion has coated issuer-sponsored fashions, the place the blockchain integrates with the grasp securityholder file, and third-party fashions, which embody custodial entitlements or artificial securities.

The official assertion, together with main developments just like the NYSE and Nasdaq tokenized platforms, DTC pilots, and the GENIUS Act for stablecoins, has lowered the regulatory uncertainty. This has helped them to extend institutional adoption.

In response to rwa.xyz, the distributed asset worth of real-world property is at the moment revolving round $32.23 billion, due to rising adoption of tokenized bonds and cash market funds amongst institutional traders.

Securitize is a serious platform for Nasdaq-listed equities and tokenized securities. It has fashioned partnerships with main asset managers comparable to BlackRock, Apollo, and KKR. The platform is offering end-to-end companies, together with buying and selling on its different buying and selling system. The platform is thought for compliant on-chain issuance of securities.

Earlier this month, Securitize introduced the enlargement of its Securitize Tokenized AAA CLO Fund (STAC) to the Solana blockchain community.