Zodia Custody and Securitize to Boost Tokenized Asset Custody

Zodia Custody, a leading digital asset custodian, has recently made a significant move to bridge the gap between traditional finance and blockchain technology. 

Recently, a digital asset custodian has formed a strategic partnership with Securitize, a renowned tokenization platform. This partnership marks a pivotal step toward providing institutional investors with secure, compliant, innovative solutions for managing tokenized assets. 

A Strategic Partnership to Provide Secured Tokenized Assets

The announcement, made this week, focuses on the shared goal of streamlining and securing the custody of tokenized assets for institutional players. As more financial entities explore the potential of tokenizing real-world assets, the need for a robust, institutional-grade custody solution has never been greater. 

Zodia Custody, with its state-of-the-art cold storage technology, is poised to provide a secure digital vault for tokenized assets. This includes BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).

Zodia Custody’s CEO, Julian Sawyer, expressed his enthusiasm for the possibilities that tokenization brings to the table. He highlighted that tokenization has the potential to redefine how institutions approach investments.

By leveraging its institutional-grade infrastructure, Zodia Custody is positioning itself as a leader in this emerging space. This approach gives institutions the confidence to invest in digital assets without compromising security.

Securitize’s Role in Bridging Traditional and Blockchain Finance

Securitize will play a pivotal role in the partnership by enabling institutional investors to access and trade tokenized assets. Notably, the platform is no stranger to facilitating the digital transformation of traditional financial markets. 

The platform’s role in this collaboration is to enable institutional investors to access securely and trade tokenized assets seamlessly. In an interview, Carlos Domingo, the CEO of Securitize, emphasized the importance of the alliance with Zodia Custody. 

Domingo emphasized the importance of bridging the gap between blockchain technology and established financial practices. He noted that the partnership aims to capitalize on the growing demand for tokenized funds, especially funds like BlackRock’s BUIDL.

Securitize Fund Services: A New Era for Tokenized Fund Administration

The growing popularity of BUIDL highlights how tokenized assets can revolutionize finance by boosting liquidity, speeding up settlements, and expanding investment opportunities. Domingo emphasized that the full impact of tokenization is still unfolding.

To meet the rising demand for blockchain-based funds, Securitize has introduced Securitize Fund Services. This new service offers a range of solutions to manage blockchain funds, including regulatory compliance, financial reporting, tax services, and record-keeping.

Domingo pointed out that traditional fund administration could be faster and more complex. Since blockchain operates much faster than traditional systems, many fund administrators need help to keep up with its speed and scalability. 

Securitize’s fund administration service is designed to address this issue, allowing firms to manage their portfolios efficiently in a blockchain-driven environment.

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