Securitize confirmed this week it is in the process of going public through a blank-check company started by Cantor Fitzgerald. Securitize also announced today that it partnered with Bank of New York Mellon to bring collateralized loan obligations onto the blockchain, the latest example of traditional Wall Street businesses moving onto a system built for cryptocurrency. The Securitize Tokenized AAA CLO Fund is dedicated to CLOs with top-notch credit ratings. It will be represented by a token on the Ethereum blockchain and BNY will custody the assets. Securitize CEO Carlos Domingo speaks on “Bloomberg Crypto”. (Source: Bloomberg)
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