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Securitize Adds Support for Stellar Blockchain, Expanding Institutional Tokenization Services
Securitize announced the addition of support for the Stellar blockchain, a move that comes amid a growing trend of institutional tokenization. The company, which converts real-world assets such as equity and debt into tokens tradable on the blockchain, currently works closely with Ethereum, Solana, and Avalanche, and is responsible for issuing and managing BlackRock's BUIDL tokenized money market fund. Stellar is known for its fast and scalable features, and supports functions such as Know Your Customer (KYC), clawbacks, and sanctions compliance. Franklin Templeton already operates a tokenized money market fund on the network.
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