Tokenized asset issuer Securities said Tuesday it has acquired MG Stover's fund management business. The company said MG Stover’s team will now operate under the Securities Fund Services (SFS) to enhance the company’s institutional-level products. After the acquisition is completed, SFS currently manages 715 funds with total assets of US$38 billion, including Securitize’s tokenized fund products. Securities now offers a comprehensive suite of services: fund management, token issuance, brokerage, transfer agency and alternative trading system (ATS).