Sony Invests in Securitize

Sony Financial Ventures, part of the Japanese conglomerate Sony Corporation, has invested a “six-figure” sum in token issuance technology provider Securitize.

The investment is an extension of Securitize’s latest $14 million funding round, which saw participation from Japanese giants MUFG Innovation Partners and Nomura Holdings, among others.

“As Japan prepares to approve its new law on digital securities, Securitize continues to position itself as the leading company in this market by adding another top corporate financial partner to its list of world-class investors supporting us in the country,” co-founder and CEO Carlos Domingo told The Block.