Hanwha becomes Securitize’s largest shareholder with 9.6% stake

The Korean conglomerate’s holding spans multiple affiliates as Securitize expands its tokenized securities business through its NYSE listing, Cantor partnership and BlackRock-linked platform work.

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Summary

Hanwha Group has emerged as the largest shareholder in tokenization firm Securitize, holding 15.69 million shares, or 9.6%, across affiliates and investment vehicles, according to SEC filings. That puts Hanwha ahead of Blockchain Capital’s roughly 6.0% stake and Securitize co-founder and chief executive Carlos Domingo’s 5.4% holding. The ownership is split across a private equity fund managed by Hanwha Asset Management with 5.9%, H Foundation, a subsidiary of Hanwha Systems, with 3.1%, and Hanwha Investment & Securities with about 0.6%. Hanwha Investment & Securities has described its participation as a pre-initial public offering financial investment made independently rather than as part of a coordinated group strategy, and said it expects to decide later this year whether to sell the shares once they become eligible for sale under SEC rules while also leaving open possible strategic use in digital assets and real-world asset tokenization. The investment sits within a broader Hanwha push into Web3, including funding this year for Xangle, Kresus, Digital Asset and additional shares in Dunamu. It also comes as Securitize broadens its institutional tokenization business after listing on the New York Stock Exchange under ticker SECZ, tokenizing its own common stock on Solana and Avalanche, partnering with Cantor on tokenized public offerings, and continuing to support tokenized products for firms including BlackRock, Apollo, BNY, Hamilton Lane, KKR and VanEck.

Terms & Concepts
  • real-world asset tokenization: The conversion of traditional assets such as securities into blockchain-based representations that can be issued and managed digitally.
  • tokenized securities: Blockchain-based representations of regulated financial instruments such as shares or funds.
  • pre-initial public offering financing round: A fundraising round completed before a company begins public trading.