BlackRock-Backed Firm’s CEO: Only One Right Way for Securities on Chain

In the rapidly evolving realm of fintech, the tokenization of real-world assets on blockchain stands out as a pivotal trend. The CEO of Securitize, a company deeply involved in this area, believes there’s only one truly effective method to achieve this. Carlos Domingo, head of Securitize, argues that compliant issuance of digital securities, adhering fully to existing regulations and laws, is the only path to long-term success in this space. According to Domingo, any attempt to bypass or circumvent regulations will ultimately result in failure. This focus on compliance isn’t just a legal obligation, but a strategic necessity for building trust and sustainability in the emerging market. Securitize specializes in providing solutions for digitizing financial assets, enabling institutions to issue, trade, and manage securities on the blockchain. By leveraging blockchain technology, Securitize aims to increase efficiency, transparency, and accessibility of securities. The process involves transforming traditional asset ownership rights into digital tokens that can be more easily traded and marketed. The company’s commitment to regulatory compliance sets it apart from many other players in the blockchain industry, who often prioritize innovation without paying sufficient attention to the legal framework. Domingo contends that this approach is crucial for attracting institutional investors who prioritize compliance and security. Moreover, he believes that regulatory compliance will help protect investors from fraud and other risks associated with digital assets. Securitize’s vision for securities on the blockchain is backed by BlackRock, the global asset management giant, adding further credibility and market influence. BlackRock’s support indicates that major institutions see significant potential in the tokenization of real-world assets and that regulatory compliance is considered a critical factor for the market’s success. As the blockchain industry continues to develop, a focus on regulatory compliance and compliant digital securities will remain crucial for ensuring the growth and sustainability of this exciting field.