Coinbase among investors in $12.75mn funding round for blockchain compliance platform

Securitize, a compliance platform for issuing and managing compliant digitized securities on the blockchain, has raised $12.75 million in funding led by Blockchain Capital, and joined from top-tier blockchain technology investors including Coinbase Ventures, Global Brain, NXTP, OK Blockchain Capital, and Xpring at Ripple. The funding closed ahead of Securitize’s plans to launch a Digital Security Offering (DSO) in 2019.

Securitize’s other strategic investors include the World Economic Forum’s former managing director and blockchain professor, Donna Redel, and former KKR partner and crypto expert John Pfeffer. Earlier this month, digital securities using Securitize’s Digital Securities Protocol were traded on AirSwap and OpenFinance Network. Other digital securities marketplaces like SharesPost, Hyperion, Blocktrade, tZERO, and more have announced their intention to support Securitize’s DS Protocol.

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