Coinbase VC Arm Invests in Securities Startup Securitize

The venture capital arm of Coinbase has helped raise $12.75 million in a Series A Funding Round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term for Securitize, a platform that facilitates the issuance and management of compliant digitized securities on the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term.

Earlier this year, the Chief Executive Officer (CEO) of Coinbase, Brian Armstrong told the audience at TechCrunch’s Disrupt event in San Francisco that the company is planning to build a de facto marketplace for buying and trading crypto securities.

The investment into the startup Securitize by the company’s VC arm seems like a natural step, as its planned business model will help create demand for security products like what Coinbase has planned.

Securitize Funding Round led by Blockchain Capital

The funding round, which was made up primarily of fiat currency and a small percentage of tokens, was led by Blockchain Capital and was joined by some well-known cryptocurrency and blockchain firms Xpring at Ripple, Global Brain, NXTP and OK Blockchain Capital.

The funding round will help Securitize prepare for its planned launch of a Digital Security Offering (DSO) next year. According to the statement, the company believes that decentralized ledgers can bring instant transactions and transparency to the securities market.

Furthermore, Securitize also believes it is the most market-ready compliance platform for primary issuance and lifecycle management of digital securities. This is because it has worked on projects such as 22x, SPiCE VC, and Augmate.

Commenting on the funding round, Carlos Domingo, the CEO of Securitize, said: "We’re very excited to have assembled such a highly experienced and credible group of strategic partners."

"Not only will they provide support for Securitize as we continue to execute at the highest level of our industry, but they will also be instrumental as we prepare to tokenize Securitize for our Digital Securities Offering."

Speaking to TechCrunch, Domingo added that the company has been working with lawyers across the United States to facilitate its offering in multiple states.