Hanwha Group Emerges as Securitize's Largest Shareholder at 9.7% Stake

SEC filings have revealed that South Korea’s Hanwha Group holds a 9.7% stake in Securitize, making it the single largest investor in the tokenisation platform that listed on the New York Stock Exchange on 2 July following a special purpose acquisition company merger. The holding is spread across multiple Hanwha entities, placing the conglomerate ahead of Blockchain Capital at 6.1%, chief executive Carlos Domingo at 5.4%, and Morgan Stanley at 5%.

Securitize raised $400 million through the SPAC transaction at a pre-money valuation of $1.25 billion, though the stock has since retreated to a market capitalisation of approximately $1.06 billion. All pre-merger shareholders remain locked up, and Hanwha has said it will reassess whether to exit once its shares become eligible for sale under SEC rules later this year. The platform is best known for underpinning BlackRock‘s BUIDL tokenised money market fund and has worked with several other prominent asset managers.

Hanwha’s position in Securitize fits a broader pattern of directed bets on tokenisation infrastructure. The group first entered the space in 2020 with a $5 million investment in Singapore’s iStox, now operating as ADDX. In 2025 it committed Won 30 billion (approximately $20.2 million) to Digital Asset as part of that firm’s $355 million fundraise, with Hanwha also exploring use cases on the Canton Network. Taken together, the filings suggest Hanwha is building a multi-jurisdictional exposure across tokenisation venues and underlying technology rather than concentrating on a single platform.