---
title: "Securitize appoints former IMF representative to its board of directors."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283498954.md"
description: "Securitize has appointed Sunil Sabharwal, a former IMF U.S. representative and Blackstone advisor, to its board of directors. Sabharwal, who received the U.S. Treasury Department's Distinguished Service Award, has extensive experience in the payments industry. Securitize manages over $4 billion in on-chain assets and has an acquisition agreement with a Cantor Fitzgerald subsidiary, valuing the company at $1 billion. The merged entity will be listed on Nasdaq under the ticker symbol CEPT."
datetime: "2026-04-21T12:12:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283498954.md)
  - [en](https://longbridge.com/en/news/283498954.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283498954.md)
---

# Securitize appoints former IMF representative to its board of directors.

Securitize announced the appointment of investor, Blackstone advisor, and former IMF board member Sunil Sabharwal to its board of directors. Sunil Sabharwal served as the IMF's U.S. representative, confirmed by the U.S. Senate, from 2016 to 2018, for which he received the U.S. Treasury Department's Distinguished Service Award. He currently serves on the boards of Thunes and TookiTaki, and previously served as chairman of payments companies Earthport and Ogone, which were acquired by Visa and Ingenico, respectively. Since 2021, he has served as an advisor and operating partner of the Blackstone Growth Equity Fund. Securitize currently manages over $4 billion in on-chain assets, including the BlackRock BUIDL fund and tokenized products from institutions such as Apollo, BNY, Hamilton Lane, KKR, and VanEck. The company reached an acquisition agreement with a Cantor Fitzgerald subsidiary last October, valuing Securitize at $1 billion. The merged company will be listed on Nasdaq under the ticker symbol CEPT.

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