Securitize Acquires Distributed Technology Markets and Velocity Platform

October 15, 2020

Securitize signed a definitive agreement to acquire Distributed Technology Markets, LLC (DTM), an SEC- and FINRA-registered broker-dealer and ATS, and to acquire Velocity Platform, LLC, a money services business with money transmitter licenses. The deal (terms undisclosed) is intended to expand Securitize’s regulated capabilities across primary issuance and secondary trading of private placement and digital asset securities and is subject to regulatory approvals.

Buyers
Securitize
Targets
Distributed Technology Markets, LLC, Velocity Platform, LLC
Sellers
Velocity Markets (formerly Orchard Platform Markets LLC)
Location
United States
Transaction Type
Buyout

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