Public disclosures by BlackRock or regulatory bodies

Securitize Raises $47M Led by BlackRock, Launches Tokenized Fund

May 1, 2024, 02:24 PM

Securitize, a firm specializing in the tokenization of real-world assets, has successfully completed a $47 million funding round led by BlackRock. This strategic investment not only underscores BlackRock's commitment to the field of digital asset securities but also marks the launch of BlackRock's first tokenized fund, the BlackRock USD Institutional, issued on Ethereum. The funding round includes contributions from notable investors such as Hamilton Lane, ParaFi Capital, Tradeweb, and strategic investors Aptos Labs, Circle, and Paxos. This capital infusion is set to bolster Securitize's ongoing innovations and expansion efforts in the realm of asset tokenization.