Securitize Logo

Securitize Acquires Pacific Stock Transfer

Serving 1.2M Investor Accounts and 3,000 Clients, Securitize Becomes a Top 10 U.S. Stock Transfer Agent, and is the Only Large Transfer Agent Capable of Tokenizing Securities on the Blockchain

Feb 22, 2022

San Francisco, CA -

Securitize, the digital asset securities firm, today announced its acquisition of Pacific Stock Transfer. With over 1.2 million investor accounts and over 3,000 private and publicly traded clients, Securitize is now one of the top 10 largest stock transfer agencies in the U.S. by accounts, as well as the first and only top 10 transfer agent to issue and manage shares digitally.

As the first and leading transfer agent operating with digital asset securities, Securitize’s acquisition of Pacific Stock Transfer is a significant step in bridging the process of issuing shares and tracking their ownership from its paper-based past, to a blockchain-enabled digital future–including by issuing and managing the shares of publicly-traded companies traded on the NYSE, NASDAQ or OTC.

Securitize is an end-to-end digital asset securities firm that provides a full suite of capabilities for private companies to raise capital, compliantly onboard shareholders, issue both traditional book entry and tokenized shares, service shares throughout their lifecycle, and provide a path to liquidity through secondary market trading. The acquisition provides an opportunity for Pacific Stock Transfer’s clients and their shareholders to access new and value-added complementary services such as capital raising, secondary trading, and the efficiencies of digitized share management leveraging the blockchain.

This acquisition is a big step forward for Securitize in significantly increasing our ability to introduce new capabilities to more companies, as well as for the financial services industry in general with this major step in building and broadening a ‘blockchain bridge’ from a paper-based past to a digitally native future.

— Carlos Domingo - Securitize CEO

“Securitize’s acquisition of Pacific Stock Transfer will bring significant benefits to both companies and shareholders, particularly PST clients who will benefit from new exposure to capital raising, investment and trading opportunities, as well as the option to tokenize and digitally service their shares as well as their shareholders that will see their experience digitally enhanced,” said Securitize CEO Carlos Domingo. “This acquisition is a big step forward for Securitize in significantly increasing our ability to introduce new capabilities to more companies, as well as for the financial services industry in general with this major step in building and broadening a ‘blockchain bridge’ from a paper-based past to a digitally native future.”

The process of creating and managing shares through paper-based and book-entry transfer agencies continues to be highly inefficient and desperately needs to be modernized, yet is an area where start-ups have not traditionally been focused. Proving share ownership, voting shares, tax reporting, and shareholder communications are all complicated, lawyered-up manual processes. As Dan Primack at Axios reported in December when BuzzFeed investors found themselves unable to sell their shares after the company’s IPO, “I simply couldn't find a single person outside of the stock transfer firms themselves who had something nice to say. And that means the industry has a big problem, and could be ripe for disruption.”

Securitize became the blockchain-based company to register as a transfer agent in 2019. It creates shares in the form of unique digital tokens which are securely recorded in a decentralized blockchain network, enabling businesses to know the ownership of each share in a unique and irrevocable way and see all trading activity in real time. Because there are no paper files or centralized databases, and transactions are executed instantaneously, the unnecessary expense, inefficiency and risk of human error is eliminated, providing a more economical, secure, fundamentally better experience for businesses and their shareholders.

As the acquisition proceeds, Pacific Stock Transfer will continue to operate under its current brand, the services it currently provides will continue to be provided by the same team, and its clients will also benefit from increased exposure and access to digitized services.

“For over 38 years, Pacific Stock Transfer has been one of the most important companies most people have never heard of: from creating shares to tracking ownership to voting, tax, reporting and more, we do all the heavy lifting that enables businesses and shareholders to own and trade stocks,” said Billy Miller, Chief Operating Officer of Pacific Stock Transfer, and who will continue to lead the business at Securitize. “Pacific Stock Transfer has already made this process more efficient for our clients through our DTC / Fast Automated Securities Transfer service, and integration with blockchain-based recordkeeping will enable us to provide significantly better and more efficient service to our clients and their shareholders in the future.”

“Over the past four years, Securitize helped more than 200 businesses raise capital or digitally manage their shares, and provided a means for nearly 450,000 investor accounts to access shares in private businesses and other alternative assets in a regulatory compliant way,” said Scott Harrigan, CEO of Securitize Markets. “Our acquisition of Pacific Stock Transfer represents a six-fold increase in the number of clients and three-fold increase in the number of shareholders who will be exposed to investing and trading opportunities on the Securitize Markets platform.”

The transaction closed on Wednesday, February 16.

About Securitize

Securitize is a digital asset securities firm with a mission to provide shareholders access to invest in and trade alternative investments, and for companies to raise capital, manage shareholders, and offer shareholders potential liquidity. Securitize has pioneered a fully digital, end-to-end platform for issuing, managing and trading digital asset securities, consistent with the existing U.S. regulatory framework, with over 1.2 million investor accounts and 3,000 businesses connected. Securitize is comprised of Securitize, Inc. and its subsidiaries Securitize, LLC (an SEC-registered transfer agent), Securitize Capital, LLC, Securitize Markets, LLC (an SEC-registered broker-dealer, member of FINRA and SIPC, and operator of the company’s alternative trading system), and Pacific Stock Transfer. Learn more at

Media Contacts

Securitize: Evan Wagner,

© 2022 Securitize, LLC
All rights reserved
Check the background of Securitize Markets on Finra BrokerCheck.

Securities are offered through Securitize Markets, LLC, (“Securitize Markets”) a registered broker-dealer and member FINRA/SIPC. Neither Securitize Markets, nor any of its affiliates provide any investment advice or make any investment recommendations to any persons, ever, and no communication through herein or in any other medium should be construed as such. Securities offered on the Securitize Markets ATS have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Assets listed herein, such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal. Investments in private placements, start-up investments in particular, are also speculative and involve a high degree of risk. Investors must be able to afford the loss of their entire investment. Eligibility to buy and sell securities on the Securitize Markets ATS is determined by Securitize Markets in its sole discretion. Offers to sell, or the solicitations of offers to buy any security can only be made through official offering documents that contain important information about risks, fees and expenses associated with the applicable securities available for trading on the Securitize Markets ATS. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed herein, and are encouraged to consult with a financial advisor, attorney, accountant, tax advisors, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Past performance is not indicative of future results. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided herein or through any references/links herein. Any financial projections or returns shown herein are provided by the issuer of the relevant security and Securitize Markets has not verified the accuracy. Further, there can be no assurance that any valuations provided by issuers are accurate or in agreement with market or industry valuations. Securitize Markets and its affiliates make no representations or warranties as to the accuracy of such information. Securitize Markets may collect certain information about you that helps us comply with various securities regulations and rules and the USA PATRIOT Act, a Federal law that requires all securities firms to obtain, verify, and record information that identifies each applicant. The information also helps us more fully understand your investment profile and identify what types of investments or strategies may be suitable for you. The term “Investors” used on this website, typically refers to accredited investors where applicable. Please note: if we cannot verify the information you provide, we may be required to restrict or deny your account. Trading during Extended Hours Trading Sessions carries unique risks, such as greater price volatility, lower liquidity, wider bid/ask spreads, and less market visibility, and may not be appropriate for all investors. There is no guarantee that a diversified portfolio will enhance overall returns, outperform a non-diversified portfolio, or prevent against loss. By accessing this site and any pages thereof, you agree to be bound by our Terms of Service and Privacy Policy.