SBI Investment, a subsidiary of SoftBank, strategically invests in Securitize

On November 27, the chain heard that the security token issuer Securitize announced today that it has completed a round of investment by Softbank's subsidiary SBI Investment. The company claims that the investment amount is 7-digit US dollars, but did not disclose the specific amount. With the support of Coinbase, Securitize launched the “Securitization Readiness Plan” in April this year to help companies issue and manage digital securities. The plan partners include exchange Coinbase custody business, trading platform OpenFinance, etc. Securitize co-founder and CEO Carlos Domingo said, "Softbank is welcomed as a key strategic investor, while Japan's economic strength, digital society and advanced regulatory environment will make it a popular market for tokenized services." Chainwen previously reported that Securitize raised about $ 13 million in a Series A round of financing in November 2018. Investors include CoinbaseVentures, Ripr's investment company Xpring, OKEx's OK Blockchain Capital, Eight-dimensional Capital, Blockchain Capital, MUFG InnovationPartners 31Ventures.