Zodia Custody and Securitize partner to advance tokenized finance, enabling secure, compliant solutions and expanding digital asset opportunities.
The digital finance landscape is witnessing a significant shift as Zodia Custody and Securitize join forces. Zodia Custody, backed by renowned financial institutions like Standard Chartered and Northern Trust, has partnered with Securitize, a leader in real-world asset tokenization. Combined, they seek to revolutionise institutional finance by providing better investment opportunities.
This partnership is expected to increase the coverage of tokenized assets while meeting the increasing demand for this new financial asset class. One area of collaboration aims at improving custody offerings for digital assets, especially for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). As a tokenised traditional asset, BUIDL is a perfect example of how digital finance is encroaching on traditional equities as tokenized by Securitize.
Moreover, Zodia Custody intends to leverage the superior technology of Securitize to enhance its custody framework. This entails providing banking-standard, separate, and compliant cold storage for BUIDL tokens. Such measures are meant to give the owners of the underlying assets the assurance and security needed in the digital asset environment.
The partnership arrives at a time when tokenization is still redefining institutional finance. Carlos Domingo, co-founder and CEO of Securitize, pointed to the increasing possibility of the tokenised assets. He explained how this partnership connects conventional banking with modern technology, where institutions can discover the potential of tokenization.
Tokenized Assets Lead Financial Innovation with $530M BUIDL Fund
The current trends in the market serve this vision. Cryptocurrencies could reach above $4.5 trillion by the year 2028. Tokenized real-world assets are slated to expand at an even higher rate. At the moment, public chain applications are dominated by USD stablecoins. However, all types of tokenized products are not emerging popular, but the ones that are quite diverse.
This growth is well illustrated by BlackRock’s BUIDL fund. It began in March 2024; the current total value of the fund is almost $530 million. This goes further to illustrate the increasing trend of tokenized finance among investors.
Notably, Julian Sawyer, the CEO of Zodia Custody, pointed to the effectiveness of BUIDL. He said that it’s crucial to demonstrate how tokenization can revolutionize the industry. Therefore, Zodia’s collaboration with Securitize is to provide safe and unique products and services. In addition, these will assist institutional investors to participate in this dynamic market as required.
Ultimately, this partnership marks a turning point for the industry. Zodia’s expertise in secure asset management combines with Securitize’s tokenization leadership. Together, they are creating a future where traditional and digital finance converges seamlessly.
