<p>Security token platform Securitize has acquired Japan’s blockchain technology consultancy firm BUIDL to expand the company’s influence in Asia.</p> <p>Established in 2018, BUIDL advises digital security projects in Japan on how to grow revenues and build a presence in the market. Co-founders include Securitize shareholder Global Brain and the CEO of blockchain payment company Omise, Jun Hasegawa.</p> <p>“By acquiring BUIDL, a proven security token leader and blockchain innovator in Japan, Securitize is immediately better positioned to help develop the institutional-grade security token industry in Japan, Asia and beyond,” said Securitize CEO and Co-Founder Carlos Domingo in a press release.</p> <p>Securitize in September <a href="https://www.theblockcrypto.com/linked/40901/santander-mitsubishi-nomura-invest-14m-in-security-token-platform-securitize">raised</a> $14 million in a strategic round from investors, including Banco Santander, Mitsubishi UFJ Financial Groups, and Nomura Holdings, showing increased interest from investors in the cryptocurrency and security token space.</p> <p>Securitize's acquisition of BUIDL takes place after the firm's recent decision to <a href="https://www.coindesk.com/leading-japanese-firms-partner-on-security-token-research">join</a> the newly formed Security Token Research Consortium led by MUFG to mitigate regulatory risks following the Japanese government’s newly amended law that <a href="https://www.gtlaw.com/en/insights/2019/7/new-regulations-in-japan-on-security-token-offerings">classifies</a> security tokens as liquid securities. The price of the acquisition is not yet disclosed.</p>