- Wednesday, Continental Stock Transfer & Trust Company has announced its partnership with Securitize, making it a preferred token partner.
- The agreement will expand the reach of Continental’s client base, including SPACs, IPOs, and other publicly traded companies.
- It will allow providers to search for blockchain ownership that describes ownership, distribution, and market capitalization.
On June 24, Continental Stock Transfer & Trust CompanyThe country’s leading independent brokerage firm, has announced that it has selected Securitize as its owner Dear tokenization partner.
Continental Provides Issuers with access to blockchain security through security
According to the official Press releaseThe agreement will provide Continental’s issuer customers, such as SPACs, IPOs, and publicly traded companies, access to tokenization. They will allow customers to search for ownership of the blockchain that describes ownership, distribution, and large market solutions while maintaining traditional market conditions.
Carlos Domingo, Co-Founder and CEO of Securitize, mentioned in a press release, “Continental has been the gold standard in SPAC processing for 20 years and has a long history of helping companies through the use of complex companies.
The integration of Securitize will allow Continental to offer issuers another digital security solution in the form of a token through Securitize. This integration will allow Securitize’s customers to improve operational efficiency and increase the speed of transactions. It will also enable Continental to develop new forms of business communication while continuing the existing service.
“Continental is currently working on the transfer of Cantor Equity Partners II, Inc., to support the meeting of the holders of CEPT, the de-SPAC process, and other activities related to the proposed business. At the closing of the transaction, Continental is expected to act as the transferor of the business combination and transfer the business of the combined public company, which is expected to trade under the symbol of the New York Stock Exchange.
Securitize will provide Continental’s issuers with its managed assets, including proprietary technology, KYC, and AML enhancements, through Securitize Markets. Securitize is active as a registered agent with the SEC, a broker-dealer, and a member of FINRA. It is the only company that has all the necessary licenses to regulate digital security in the US and the European Union through its DLT Pilot Regime license.
Steven Nelson, Chairman and President of Continental, said, “Continental has been a trusted partner and leader of the SPAC team.
SEC Guidance Expands Adoption of Tokenized Assets
Among the obvious growth, the symptoms real wealth the market is growing rapidly. On January 28, the US Securities and Exchange Commission released a in detail on tokenized securities and taxonomy. In the statement, the agency explained that tokenized securities will be subject to the same rules as traditional securities.
The official statement It has covered models provided by the provider, where the blockchain connects to the security owner’s file, and third-party models, which include storage credentials or artificial securities.
The official wording, along with major developments such as the NYSE and Nasdaq platforms, DTC pilots, and the GENIUS Act for stablecoins, have reduced systemic uncertainty. This has helped them to increase the establishment of institutions.
According to rwa.xyzThe value of real estate in the world is currently around $32.23 billion, due to the growth of bonds and capital markets among investors.
Securitize is a leading trading platform for Nasdaq-listed securities. It has partnered with major asset managers such as BlackRock, Apollo, and KKR. The platform offers end-to-end services, including sales on its sales channel. The platform is known to be compatible with the provision of securities.
Earlier this month, Securitize announced Expansion of the Securitize Tokenized AAA CLO Fund (STAC) to the Solana blockchain network.
