Ripple’s venture capital initiative Xpring, Coinbase VC, Global Brain, OK Capital and NXTP were among the big names participating in Securitize’s first funding round yesterday led by Blockchain Capital. The newly raised $12.75 million will be used to directly fund Securitize’s Digital Security Offering (DSO) planned for next year, which hopes to tap into the estimated $7 trillion security token market.

“We’re very excited to have assembled such a highly experienced and credible group of strategic partners…not only will they provide support for Securitize as we continue to execute at the highest level of our industry, but they will also be instrumental…

This article appeared first on Cryptovest

Like this: Like Loading...