Securitize and Onramp: A Powerhouse Combination
Securitize is shaking things up in the investment world by acquiring Onramp Invest, adding a whopping $40 billion in assets under management to its portfolio. This move not only expands their reach but also enhances options for registered investment advisers (RIAs) looking to dabble in private equity, credit, and real estate. It’s like adding a cherry on top of an already delectable sundae—but this cherry is actually $40 billion worth of cherries!
Access Made Easy for Registered Investment Advisers
With Onramp in the mix, Securitize aims to simplify RIA access to alternative asset classes. By utilizing the Onramp platform, RIAs can now offer their clients a more diverse set of investment options without the complexity—think of it as getting the gourmet lasagna without having to learn how to make it from scratch.
Meet the Players: Securitize and Onramp
Securitize, already a key player in digital asset tokenization, has brought its workforce to 150 passionate folks. The compact team at Onramp (18 employees) might be small, but the size of their assets is anything but! Together, they form a new powerhouse aimed at exploiting the untapped wealth generation potential of private market alternatives.
What This Means for RIAs and Their Clients
- Instant Access: RIAs can now tap into tokenized investments that complement their traditional portfolios.
- Diverse Offerings: Investments are available across private equity, private credit, and advanced secondary assets.
- Customer Base Expansion: Onramp has notable partnerships with firms like WisdomTree and Valkyrie, amplifying Securitize’s scope.
Echoing this sentiment, Securitize CEO Carlos Domingo said, “Most wealth is generated in private market alternative assets.” It seems like they’ve finally figured out that $40 billion should not be kept tucked away in a mattress; it needs to be invested!
The Future Looks Bright
This acquisition comes on the heels of prior collaboration focused on distributing access to tokenized private equity funds, showcasing a harmonious relationship already in motion. And it doesn’t end there; Securitize has also dabbled in tokenizing equity in the Spanish real estate sector—talk about multifaceted ambitions!
Wrap-Up
As Securitize plans to unveil secondary trading on the Avalanche blockchain soon, investors and RIAs alike are in for a treat. This acquisition signifies that the world of investment is evolving, progressively moving towards a more accessible, modernized format. Being part of this financial evolution? Now that’s a smart investment!
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