Internet reported that Securitize, a tokenized asset issuer, said on Tuesday that it had acquired MG Stover's fund management business. The company said MG Stover's team will now operate under Securitize Fund Services (SFS) to enhance the company's institutional products. After the acquisition, SFS currently manages 715 funds with total assets of US$38 billion, including Securitize's tokenized fund products. Securitize now offers a comprehensive suite of services: fund management, token issuance, brokerage, transfer agents and alternative trading systems (ATS).