Jump Crypto Bets Big on Tokenization—Buys Stake in Securitize
Another day, another trad-fi giant dips its toes—or in this case, leaps headfirst—into crypto’s tokenization gold rush. Jump Crypto just snagged a stake in Securitize, doubling down on the promise of blockchain-based securities. Because what’s more Wall Street than turning illiquid assets into tradeable tokens—while skirting the usual paperwork?
Why it matters: Tokenization isn’t just hype anymore. With heavyweights like Jump throwing weight behind it, the race to digitize everything from real estate to private equity just got real. Expect more suits to follow—right after they finish their due diligence (read: wait for someone else to test the regulatory waters first).
The bottom line: Jump’s move signals institutional FOMO is alive and well. But let’s see if the ‘revolution’ ends up being faster settlements or just faster ways to repackage old financial products with a crypto veneer.
Why this deal matters
Since launching a little over a year ago, the investment in tokenized Treasury products has increased by 800%, reaching nearly $7 billion. This growth suggests that investors seeking better returns are increasingly interested in these new, blockchain-based investment options.
Looking ahead, Securitize is gearing up to launch Converge, a new blockchain developed in collaboration with Ethena Labs.
Designed to support DeFi and tokenized assets, Converge aims to provide a compliant gateway for institutional capital into DeFi. The launch is slated for this quarter.