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Securitize Teams up With Hong Kong’s C Block Capital to Expand Its Footprint in Asia
Blockchain, Financial Services
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In an effort to expand its global footprint, blockchain startup Securitize announced a partnership with Hong Kong-based VC C Block Capital, writes Securities.io.
The partnership sees C Block Capital providing Mainland-based companies access to the digital securities platform provider, while Securitize benefits from having a higher profile in the Greater China region. Both are keen on setting up the network and infrastructure needed to take advantage of the estimated $7 trillion a year market.
Securitize CEO Carlos Domingo had this to say about the alliance:
“We are excited to partner with C Block Capital to bring together Securitize’s proven digital security issuance and lifecycle management platform with a leading digital asset manager and advisor in the Greater China Region…It’s a tremendous opportunity for growth in Asia for both companies, and further validation for Securitize’s DS Protocol which already has the highest adoption rate in the industry.”
While C Block Capital CEO Bing Lin had this to add:
“The partnership with Securitize comes at the perfect timing in light of recent developments in regulatory policies to promote Hong Kong as Asia’s top fintech hub…This strategic partnership allows both parties to leverage each other’s expertise and network to penetrate the fast-growing digital securities market, and to bring innovative financing solutions to the capital markets scene in the Greater China Region.”
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