Securitize Capital receives SEC investment adviser registration
Regulation & Gov ·
The unit of Securitize moved from exempt reporting adviser status to full SEC registration, adding another regulatory layer to its tokenized-securities infrastructure.
Securitize Capital is now a registered investment adviser with the SEC, according to an announcement from securitize.io. The unit had previously operated as an exempt reporting adviser, a status that carries lighter disclosure and compliance obligations than full registration. The change was also described as an expansion of Securitize's regulated platform aimed at asset managers and institutional investors, per theblock.co.
The registration adds to a regulatory stack that already includes a broker-dealer license, an SEC-registered transfer agent license, and an Alternative Trading System license, which together let Securitize touch most stages of issuing, managing, and trading tokenized securities. As an investment adviser, Securitize Capital would be subject to SEC oversight of its advisory activities, a distinct regulatory category from the broker-dealer and transfer agent functions the parent company already holds.
The move comes amid other steps to broaden Securitize's regulated footprint. The company appointed Brett Redfearn, a former SEC and JPMorgan executive, as president and board member. It also integrated with TRON to extend tokenized real-world asset issuance to that blockchain, adding to existing activity on Ethereum and Solana, where the company already services BlackRock's BUIDL fund and $3.4 billion in RWA assets. Separately, Securitize tokenized shares of Nasdaq-listed Currenc Group on Ethereum and Solana.
Securitize is also pursuing a public listing, with investors having approved a SPAC merger ahead of a planned NYSE debut under the ticker SECZ, which would make it one of the first public pure-play tokenization firms. Commentary cited in the cluster suggested that capturing even 0.01% of the NYSE's $44 trillion market could meaningfully scale the company's business.
Not yet detailed is the scope of advisory products or client mandates Securitize Capital intends to pursue under the new registration, or how it will interact with the firm's existing broker-dealer and transfer agent operations. The SEC has not issued a public statement on the registration beyond the company's own disclosure, and it remains unclear whether the adviser status will factor into the pending NYSE listing timeline.