Hanwha Group has acquired a 9.6% stake in Securitize, making it the largest single shareholder of the company, according to SEC filings. Hanwha holds a total of 15,689,509 shares through affiliated companies and managed funds, surpassing Blockchain Capital's 6.0% and co-founder Carlos Domingo's 5.4% stakes. Securitize specializes in RWA infrastructure, facilitating the issuance and distribution of traditional assets like securities and funds, and supports BlackRock's tokenized fund BUIDL.
This investment is part of Hanwha's broader strategy, having invested 655.8 billion KRW (approximately $473.6 million) this year in companies like Xangle, Crithus, Digital Asset, and Dunamu to build a comprehensive Web3.0 portfolio. Hanwha Investment & Securities clarified that the investment in Securitize is a pre-IPO financial move rather than a joint strategic initiative, with plans to evaluate potential sale opportunities when available, while also considering strategic uses in the digital asset and RWA sectors.
Hanwha Group Becomes Largest Shareholder in Securitize with 9.6% Stake
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