Securitize to acquire DTM digital asset securities provider

Securitize, the industry-leading primary issuance and lifecycle management platform for digital securities, and an SEC-registered transfer agent,has signed a definitive agreement to acquire Distributed Technology Markets, LLC, ("DTM"), an SEC and FINRA registered broker-dealer and alternative trading system (ATS). DTM received approval in 2020 for the primary issuance and secondary trading of private placement securities, including digital asset securities. As part of the acquisition, Securitize will also acquire Velocity Platform, LLC, a money services business with money transmitter licenses in several states. The acquisition is subject to regulatory approval and terms of the transaction are not being disclosed.

Carlos Domingo, Securitize CEO and co-founder stated, "The acquisition of DTM will pave the way for Securitize to develop a suite of services for private capital markets that will significantly improve the interaction between issuers and investors and be better from top to bottom than anything available in the market today."

Founded in 2017, Securitize is one of the most successful and recognized companies in the digital securities space, having signed more than 150 customers and more than 40,000 investors using its issuance and lifecycle management platform for digital securities.