RWA Highlight: Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services Asset tokenization firm Securitize has acquired digital asset wealth platform Onramp Invest, which will enable a whole new cohort of registered investment advisors (RIAs) to help clients buy tokenized assets. The Takeaway: While much of the discussion around tokenization is framed around expanding access to alternative assets, the deal, which is set to close in the coming days, may indicate that a wave of consolidations may be coming. It’s possible firms focused on real world assets haven’t been hit as hard by rising inflation or the crypto market pullback, and could see an opportunity as venture capital funding has dried up and startup valuations have decreased. Domingo, who is looking for more dealflow, described this as a way “to accelerate the digitization of finance.” Get the full story here: https://www.coindesk.com/consensus-magazine/2023/08/18/tokenization-news-roundup-consolidation-coming/