Intro

In this episode, Brett Winton and Lorenzo sit down with Carlos Domingo, CEO and co-founder of Securitize, to explore how blockchain infrastructure is transforming capital markets. As a pioneer in the tokenization space, Carlos unpacks what it means to issue native securities—like stocks, bonds, and credit funds—on chain and why the modernization of legacy financial systems is long overdue. Carlos details Securitize’s role as a registered transfer agent and broker-dealer, their regulatory journey with the Securities and Exchange Commission (SEC), and why native tokenization (not synthetic derivatives) is essential for future growth. They discuss the promise of 24/7 trading, peer-to-peer transfers, composability with decentralized finance (DeFi) protocols, and the global democratization of financial access—especially in markets underserved by traditional systems. The episode also dives into the tension between blockchain-native systems and financial incumbents, the logic behind Securitize’s decision to go public via a special purpose acquisition company (SPAC), and the asset classes best suited for tokenization—from treasuries to public equities and beyond.

Key Points From This Episode:

(00:00:00) Why capital markets need a blockchain-based ledger upgrade

(00:05:46) How tokenization improves global accessibility and financial user experience

(00:07:35) Real-world examples: Tokenized treasury and credit funds

(00:10:29) Understanding how ownership works: DTCC, transfer agents, and blockchain

(00:17:08) Global appetite for tokenized stocks, following stablecoin adoption

(00:18:24) Tokenizing private equity and venture capital for broader access

(00:25:34) How Securitize tokenizes assets the right way—with issuer involvement

(00:28:55) Regulatory clarity accelerates tokenization adoption

(00:30:08) Open blockchain infrastructure unlocks composability and innovation

(00:35:50) Where Securitize fits in the capital markets stack

(00:37:13) Projecting tokenized assets: From $4.6B to $200B assets under management (AUM)

(00:39:46) Why Securitize stays blockchain-agnostic despite protocol growth