Backed by Japanese financial conglomerate SBI Group and SBI Digital Asset Holdings, SBI Digital Markets leverages U.S. fintech Securitize’s technology to deal in capital markets tokenized securities

Singapore, 28 September 2022 – SBI Digital Markets Pte. Ltd. (SBI DM), a subsidiary of Tokyo-based SBI Digital Asset Holdings (DAH), today announced its strategic partnership with Securitize for its Singapore-regulated digital asset securities issuance platform. SBI DM has just been awarded the Monetary Authority of Singapore’s Capital Markets Services Licence, and will leverage the technology developed and proven by U.S.-based securities fintech Securitize.

Under the CMS licence, SBI DM will be conducting regulated activities across advising on corporate finance, dealing in capital markets products, and providing custodial services. SBI DM will be leading the way in capital markets digital assets, building an ecosystem targeted directly at the growing demand for public and private institutional digital assets.

SBI DM plans to launch its proprietary digital asset securities platform, providing an end-to-end solution to help traditional financial service operators capture growth opportunities fueled by the advent of digital assets. SBI DM will utilize the Securitize platform for tokenized asset issuance and distribution, with a best-in-class solution planned to go live in November 2022.

SBI DM was created in late 2020 with the ambition of becoming a top-tier Singapore-based digital asset business for financial institutions. It is a subsidiary of SBI Digital Asset Holdings Co., Ltd. (SBI DAH) which is a digital asset arm of major financial conglomerate SBI Group. One of the largest Japanese private equity firms, SBI Group also has the highest number of securities accounts in Japan. It has over 200 affiliates across 21 markets, spanning diverse business such as Financial Services, Asset Management and Biotechnology.

“We believe institutional demand for digital assets is at an inflection point. The Singapore business environment for the sector is vibrant and the regulatory framework is of the highest standard. SBI DM is well positioned to take full advantage as we prepare our end-to-end product offering across a broad range of digital assets to serve institutional clients,” said Winston Quek, Chief Executive Officer SBI Digital Markets.

Founded in 2017, Securitize is an all-in-one solution for private companies to easily onboard and manage shareholders, tokenize assets, raise capital and enable liquidity, all powered by blockchain technology. Securitize is the largest digital transfer agency in the world and largest marketplace for investing in and trading tokenized shares.  

“The demand to invest in digital assets, including in shares of private companies, as well as tokenized bonds and funds, is growing rapidly and globally. Securitize is the leading platform for tokenizing, investing in and trading digital asset securities in the U.S., and is expanding in both Europe and Asia. We are very proud SBI has chosen to leverage our proven platform in its own expansion into Singapore and the broader APAC region,” said Jamie Finn, President and co-founder of Securitize.

SBI Digital Markets (SBI DM) is building an ecosystem for issuance, custody, management, and liquidity for digital assets. Having received In-Principle Approval from the MAS for its CMS Licence back in early May 2022, SBI DM was awarded its CMS Licence mid-September 2022.

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About SBI Digital Markets

SBI DM was created in late 2020 as a subsidiary of SBI Group’s digital asset arm SBI Digital Asset Holdings Co., Ltd. (“SBI DAH”) with the ambition to become a top-tier Singapore-based digital asset business for financial institutions. SBI DM is set to directly target the growing demand for public and private institutional digital assets by providing institutional services, including issuance, corporate advisory, and custody of digital assets.

About SBI Digital Asset Holdings and the SBI Group

SBI Digital Asset Holdings endeavors to bring innovation to the financial industry by building an ecosystem for issuance, custody, management, and liquidity for digital assets. SBI Digital Asset Holdings, via SBI group companies, has strong links with other group investments such as Ripple, R3, B2C2, Securitize, Elliptic and has inroads to banking and securities infrastructure across Asia with businesses in Thailand, South Korea, Hong Kong, Malaysia, and Cambodia. SBI DAH has investments in key portfolio companies including Sygnum, Boerse Stuttgart Digital Exchange, CoolbitX, and Tangem among others. Through SBI Digital Markets and Asia Digital Exchange, the group is growing its presence in the region to help shape the digital asset ecosystem and contribute towards making Singapore one of the world’s leading digital asset hubs.

The SBI Group is a leading financial conglomerate based in Japan. The SBI Group’s core businesses include Financial Services Business, Asset Management Business and Biotechnology-related Business. In addition, it is one of the largest Japanese private equity firms and leverages its extensive eco-system to further drive the value of its investments. Please visit www.sbidah.com and www.sbigroup.com for more information.

About Securitize

Securitize is a digital asset securities firm with a mission to provide shareholders access to invest in and trade alternative investments, and for companies to raise capital, manage shareholders, and offer shareholders potential liquidity. Securitize has pioneered a fully digital, all-in-one platform for issuing, managing and trading digital asset securities, consistent with the existing U.S. regulatory framework, with a community of over 1.2 million investors and 3,000 businesses connected. Securitize is comprised of Securitize, Inc. and its subsidiaries Securitize, LLC and Pacific Stock Transfer (both SEC-registered transfer agents), Securitize Capital, LLC, Securitize Markets, LLC (an SEC-registered broker-dealer, member of FINRA and SIPC, and operator of the company’s alternative trading system). Learn more at http://www.securitize.io.

Media Contacts

SBI Digital Markets: media@sbidigitalmarkets.com

Securitize: Evan Wagner, evan.wagner@securitize.io

Disclosures

Investing and trading in capital market products, including equities, bonds, options, structured products, private market investments, and funds are speculative and considered risky, including potential loss of your investment, and may not be appropriate for every investor. Some capital market products may be considered as an illiquid asset class; investors may not be able to sell their investments when they want to without potentially incurring high losses. Any discussion of liquidity is purely speculative. Past performance is not indicative of future results. Investors are advised to read the relevant product specific terms and consult professional advisors, where appropriate.

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