Securitize
RWA · Tokenization Infrastructure · SECZ
Securitize is the leading SEC-registered transfer agent for tokenized securities. It powers BlackRock BUIDL (the largest tokenized Treasury fund) plus Apollo, KKR, Hamilton Lane, and VanEck product launches. Product tokens include BUIDL, ACRED (Apollo private credit), sBUIDL, and VBILL (VanEck Treasuries).
The leading SEC-registered tokenization transfer agent.
Assets under management
$4.69B
Latest data · 15 min delay
Competitors
Ranked top→bottom — who competes with Securitize and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Ondo Finance | Leading issuer of tokenized U.S. Treasuries and yield products (OUSG, USDY) and a scaled RWA platform. | Both bring regulated, yield-bearing real-world assets on-chain for institutional and qualified investors and are top players in RWA tokenization. | Ondo is primarily a product issuer of its own tokenized funds and infrastructure, whereas Securitize is the regulated transfer-agent/broker-dealer infrastructure layer that tokenizes on behalf of third-party managers like BlackRock and Apollo. |
| 2 | Franklin Templeton (Benji) | Traditional asset manager running its own on-chain money-market fund (FOBXX) via its Benji tokenization platform. | Both operate regulated tokenized funds and act as their own transfer agent for on-chain shareholder records. | Franklin Templeton tokenizes only its own funds on a proprietary platform; Securitize is a multi-manager, multi-chain infrastructure provider serving many issuers. |
| 3 | Centrifuge | On-chain platform for tokenizing real-world credit and structured assets into DeFi liquidity pools. | Both tokenize real-world assets (notably credit) and provide the on-chain rails for institutional participation. | Centrifuge is a decentralized, DeFi-native protocol focused on collateralized credit pools, while Securitize is a fully SEC-registered, permissioned securities-infrastructure firm. |
| 4 | Dinari | Issuer of tokenized U.S. equities (dShares) via registered broker-dealer infrastructure. | Both use registered broker-dealer status to issue compliant tokenized securities to investors on-chain. | Dinari focuses on tokenized public equities for retail-style access, whereas Securitize centers on institutional tokenized funds (money-market, credit, private markets) for major asset managers. |
| 5 | Maple Finance | Onchain institutional / private credit. | Both operate in RWA. | Institutional / private-credit model: borrower quality, repayment history, collateral ratios, defaults, pool managers and loan terms matter most. |
| 6 | USD.AI | It lets crypto/stablecoin capital fund real-world AI compute infrastructure, especially GPUs, and turns that into a stablecoin/yield product. | Both operate in RWA. | It is not just "a stablecoin company." It is more like a RWA/private credit protocol where the RWA is AI compute infrastructure. |
| 7 | RealT | Fractional US real estate with daily rental yield. | Both in RWA (Multi-Chain). | Per-property Delaware-LLC RealTokens stream daily rental yield to the holder's wallet; hundreds of individual property tokens. |
| 8 | Clearpool | Institutional uncollateralized lending pools. | Both in RWA (Institutional-Gated, Multi-Chain). | Permissionless lender side over KYC'd institutional borrowers; utilization-driven rates and single-borrower Credit Vaults. |
| 9 | Estate Protocol | Fractional commercial real estate on-chain. | Both in RWA (Institutional-Gated). | Fractional commercial real estate on-chain. |
| 10 | Goldfinch | Uncollateralized crypto loans to real-world businesses. | Both in RWA (Institutional-Gated). | Uncollateralized lending underwritten by human backers; Goldfinch Prime brings institutional private-credit funds on-chain. |
| 11 | Chateau Capital | Structured RWA credit products. | Both in RWA (Institutional-Gated). | Structured RWA credit products. |
| 12 | Toucan Protocol | Tokenized verified carbon credits. | Both in RWA (Multi-Chain). | Bridges Verra-registry carbon credits on-chain into liquid BCT / NCT pool tokens for transparent retirement. |
| 13 | Mountain Protocol | Regulated yield-bearing T-bill dollar (wound down). | Both in RWA (Institutional-Gated, Multi-Chain). | One of the first yield-bearing stablecoins with formal regulatory oversight and daily-rebase T-bill yield. |
| 14 | Anzen Finance | Private-credit-backed yield dollar. | Both operate in RWA. | Private credit RWA backing (not just T-bills) targeting 8-12% APY by exposing holders to institutional credit risk. |
| 15 | Arcton | Tokenized pre-IPO and private equity access. | Both in RWA (Institutional-Gated). | Tokenized pre-IPO and private equity access. |
| 16 | Aryze | Multi-currency RWA stablecoins and FX tokens. | Both in RWA (Institutional-Gated). | Multi-currency RWA stablecoins and FX tokens. |
| 17 | DualMint | Tokenization infrastructure for real-world assets. | Both in RWA (Institutional-Gated). | Tokenization infrastructure for real-world assets. |
| 18 | Florence Finance | SME invoice financing on-chain. | Both in RWA (Institutional-Gated). | SME invoice financing on-chain. |