Securitize, whose tokenized on-chain assets have surpassed $1 billion, launched a new fund management service on October 31st. The company is launching a new business called Securitize Fund Services to streamline the operational and compliance tasks associated with creating new blockchain-based real-world asset products.
The fund management service will help firms such as BlackRock and Hamilton Lane create new crypto-based funds, while also assisting with regulatory compliance, tax services, financial reporting and record keeping.