Securitize to Buy Advisor-Focused Digital Asset Platform

Asset tokenization firm Securitize has acquired digital asset wealth platform Onramp Invest to extend its offering to registered investment advisors (RIAs).

The amount of the deal, anticipated to close in the next several days, was not disclosed.

Securitize’s aim is to allow RIAs to offer their clients tokenized investments in alternative assets classes such as private equity, private credit, secondaries and real estate.

The acquisition follows a partnership announced in March through which Onramp’s RIAs could access private equity feeder funds Securitize offers with investment giants KKR and Hamilton Lane.

“Onramp already offered RIAs easy access to digital assets, so it is a very natural extension to offer them tokenized alternative assets to complement their portfolios,” said Securitize CEO Carlos Domingo. “Most wealth is generated in private market alternative assets and bringing Securitize and Onramp together enables registered investment advisors to give their clients access to that wealth generation.”

San Diego-based Onramp’s platform serves a community of RIAs across the US representing over $40 billion in aggregate assets, as well as recognized asset managers and index providers in the digital asset space like WisdomTree, CoinDesk, Global X and Valkyrie Invest.