MG Stover Completes Strategic Shift, Focuses on OTTO Digital Asset Platform

MG Stover, a firm operating in digital asset financial services since 2014, has announced the successful completion of a strategic shift. This shift involved the sale of its fund administration business to focus exclusively on its managed portfolio solutions platform, known as OTTO.

Now operating as a fully independent entity, MG Stover is dedicating its efforts to OTTO. The platform is described as a service-backed digital asset platform positioned to be a leader in the evolving digital asset financial services environment. The company stated this transition reflects its long-term commitment to innovation and client service. The announcement noted that after concluding its relationship with PolySign in 2023, MG Stover had strategically expanded its fund services business before entrusting it to Securitize.
Matt Stover, Founder and CEO of MG Stover, commented on the transition: "We spent over a decade building one of the industry's leading and most respected fund administration businesses, and we're proud to have transitioned it in a way that ensures a seamless experience for our clients, supported by the same trusted team." He added, "This step empowers us to focus on where we can now make the biggest impact: providing the industry's most robust, transparent, and service-driven digital asset accounting platform."
OTTO is supported by a team with experience in crypto reporting since 2014 and who have worked directly with regulators. The platform is delivered through what is described as a service-first model, combining real-time reporting and institutional-grade accounting logic with crypto-native support from professionals familiar with the regulatory landscape of a 24/7 asset class.
"We think of OTTO as service-as-a-software, not the other way around," Matt Stover also stated. He added that institutional clients require "trusted partners who understand the data, the workflow, and the regulatory reporting expectations."
The company noted that OTTO has a track record supporting over $40 billion in digital assets across various fund structures, protocols, and jurisdictions. The firm is now focused on expanding its team, developing integration partnerships, and scaling OTTO's adoption among institutional clients, capital market participants, and centralized platforms.
Building on this momentum, MG Stover stated it is focused on developing the infrastructure institutions require to manage digital assets at scale. Through continued investment in OTTO and its ecosystem of partners, the firm aims to shape a more resilient, transparent, and operationally sound future for the industry.
Concluding his remarks, Matt Stover stated: "We are not just adapting to change; we are driving it, opening new horizons and redefining what's possible in the financial landscape. As we embark on this exciting journey, MG Stover invites clients and partners to join us in exploring the limitless potential of this new chapter in digital assets."