- Wednesday, Continental Stock Transfer & Trust Company has announced its partnership with Securitize, making it a preferred partner in the tokenization space.
- The partnership will expand access to token infrastructure for Continental’s issuer clients, including SPACs, IPOs and other publicly traded companies.
- It will allow issuer clients to explore blockchain-based securities ownership, distribution and capital market solutions.
On June 24, Continental Stock Transfer and Trust Companya popular independent stock transfer agent in the country, has chosen Securitize as its agent Preferred coding partner.
Continental provides issuers with access to Blockchain-based securities through Securitize
According to the official press releasethe partnership will provide clients of Continental’s issuers, such as SPACs, IPOs and publicly traded companies, access to the token infrastructure. It will allow clients to explore blockchain-based securities ownership, distribution and capital markets solutions while maintaining traditional public market standards.
Carlos Domingo, co-founder and CEO of Securitize, stated in the press release, “Continental has been the gold standard in SPAC processing for more than 20 years and has a proven track record of supporting companies through complex corporate transactions. We are excited to continue working together to help bring tokenization capabilities to a broader segment of the market.”
The Securitize integration will allow Continental to provide issuers with an alternative option to tokenized regulated digital securities through Securitize. This integration will allow Securitize customers to enhance operational efficiency while increasing transaction speed. This will also help Continental create new models of investor engagement while continuing to provide the current high-touch service.
“Continental is currently serving as transfer agent for Cantor Equity Partners II, Inc., supporting the CEPT shareholder meeting, de-SPAC process, and other related services in connection with the proposed business combination. Upon closing of the transaction, Continental is expected to act as exchange agent for the business combination and transfer agent for the combined public company, which is expected to trade on the NYSE under the ticker symbol SECZ,” the press release said.
Securitize will provide Continental issuers with its entire regulated suite, including private agent technology, KYC and AML, through Securitize Markets. Securitize acts as an SEC registered transfer agent, broker-dealer, and Member FINRA. It is the only company with all these important licenses for regulated digital securities infrastructure in the US and EU through its DLT Pilot Regime license.
“Continental has been a trusted and leading partner for the SPAC community,” said Stephen Nelson, Chairman and President of Continental. “Securitize gives our issuers access to best-in-class, regulated tokenization infrastructure, while maintaining the high-touch service model for which Continental is known.”
Securities and Exchange Commission (SEC) guidelines promote the adoption of tokenized assets
Amid increased regulatory clarity, the token was transformed Real world origins The market is growing rapidly. On January 28, the U.S. Securities and Exchange Commission issued a Detailed statement Concerning token securities and classification. The agency explained in the statement that tokenized securities will follow the same rules as traditional securities.
the Official statement It covered issuer-sponsored models, where the blockchain integrates with the master security holder’s file, and third-party models, which include custodial entitlements or synthetic securities.
The official statement, along with major developments such as tokenization platforms on the NYSE and NASDAQ, DTC betas, and the GENIUS law for stablecoins, reduced regulatory uncertainty. This has helped them increase institutional adoption.
according to rwa.xyzthe value of distributed assets of real assets is currently around $32.23 billion, thanks to the growing adoption of tokenized bonds and money market funds among institutional investors.
Securitize is a premier platform for NASDAQ-listed stocks and tokenized securities. It has formed partnerships with major asset managers such as BlackRock, Apollo, and KKR. The platform provides comprehensive services, including trading on its alternative trading system. The platform is known for issuing cross-chain compatible securities.
Earlier this month, Announce securitization Expanding the Securitize Tokenized AAA CLO (STAC) Fund to the Solana blockchain network.
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