Securitize, a tokenization company, purchases fund administration services from MG Stover.
The digital asset fund administration sector is witnessing a fierce competition between two major players: Apex Group and Securitize.
Apex Group, a traditional finance (TradFi) fund administration firm, has been active in the digital asset sector for a few years. With assets under management exceeding $3.5 trillion globally, the company offers comprehensive services including tokenized asset issuance and administration through its Digital 3.0 platform. Apex Group has shown significant growth and expansion in the digital asset space by acquiring tokenization specialist Tokeny earlier in 2025, enhancing its blockchain capabilities and supporting large-scale projects such as SkyBridge Capital’s $300 million hedge fund tokenization on the Avalanche blockchain.
Securitize, on the other hand, is a significant player in the digital asset fund administration sector, known for pioneering digital securities issuance. The company offers a broad range of services, including tokenization, primary issuance, transfer agent services, broker-dealer, and ATS licenses for secondary market trading. Securitize made headlines in 2022 with the acquisition of its transfer agency business. In 2023, the company expanded distribution to financial advisers with the acquisition of OnRamp.
Apex Group and Securitize share some common clients, such as Hamilton Lane. However, Apex Group displays stronger growth through acquisitions and high-profile client partnerships in tokenized real-world asset fund administration. For instance, BlackRock's BUIDL accounts for almost three quarters of the $3.3 billion in tokenized assets issued by Securitize. BlackRock invested in Securitize as part of last year's $47 million funding round.
Securitize claims to be the largest digital asset fund administrator after the latest acquisition. The company has high-profile backers including Morgan Stanley, Sony, Nomura, and MUFG. Securitize Fund Services now administers $38 billion in assets across 715 funds. Notably, Securitize plans to launch its own blockchain, Converge, in collaboration with stablecoin issuer Ethena.
In conclusion, Apex Group displays stronger growth through acquisitions and high-profile client partnerships in tokenized real-world asset fund administration, while Securitize’s recent market position and client base in 2025 are less documented in the current search results. Apex's extensive asset management scale and acquisition of Tokeny position it as a leading player for institutional digital asset fund administration.
[1] Ledger Insights. (n.d.). Apex Group and Securitize: Battle for Dominance in Digital Asset Fund Administration. Retrieved from https://ledgerinsights.com/apex-group-and-securitize-battle-for-dominance-in-digital-asset-fund-administration/ [2] Apex Group. (n.d.). Digital Assets. Retrieved from https://www.apexgs.com/en-us/services/digital-assets/ [3] Securitize. (n.d.). Services. Retrieved from https://securitize.io/services/ [4] Apex Group. (n.d.). Apex Group Acquires Tokeny to Boost Blockchain Capabilities. Retrieved from https://www.apexgs.com/en-us/news/apex-group-acquires-tokeny-to-boost-blockchain-capabilities/ [5] SkyBridge Capital. (n.d.). SkyBridge Capital Announces Tokenization of $300 Million Hedge Fund on Avalanche. Retrieved from https://www.skybridgecapital.com/news/skybridge-capital-announces-tokenization-of-300-million-hedge-fund-on-avalanche/
- Apex Group has significantly grown and expanded in the digital asset space by acquiring tokenization specialist Tokeny, bolstering its blockchain capabilities and supporting large-scale projects, such as tokenization of assets on the Avalanche blockchain.
- Securitize, a significant player in the digital asset sector, offers a broad range of services like tokenization, primary issuance, transfer agent services, broker-dealer, and ATS licenses for secondary market trading, and has high-profile backers including Morgan Stanley, Sony, Nomura, and MUFG.
- Both Apex Group and Securitize have shown their commitment to technology and insights within the digital asset fund administration sector, utilizing blockchain technology for tokenization and asset issuance, merging finance and technology in businesses through innovative strategies.
