Securitize Acquires MG Stover’s Fund Administration Business

Securitize is acquiring MG Stover’s Fund Administration Business, positioning itself as the largest digital asset fund administrator globally.

Securitize did not disclose deal terms.
The acquisition aims to enhance capabilities in fund administration, compliance, and reporting solutions for asset managers and institutional investors.
Securitize Fund Services (SFS) will manage $38 billion in assets across 715 funds.
MG Stover focuses on crypto services, including primary issuance and tokenization.
Securitize's BUIDL fund, in partnership with BlackRock, is the largest tokenized US Treasury fund with over $2 billion.
Securitize has formed partnerships with major financial institutions, including Apollo.