- RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock
- BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization
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BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.
Details on Securitize’s Funding Round
Securitize, a firm focused on tokenizing real-world assets (RWA), has raised $47 million in a funding round led by one of its key partners – BlackRock. The mega asset manager participated via its Alternative Investors division.
Securitize intends to use the fresh capital to expand its digital asset securities infrastructure and compliance platform. The startup provides tech infrastructure for issuing and managing compliant digital securities.
Comments from Securitize CEO
“We believe that all securities will eventually go digital. The technology we’re building today at Securitize lays the foundation for the future of capital markets,” said Securitize CEO Carlos Domingo.
Securitize aims to tokenize $1 trillion in real-world assets by 2026, Domingo said. The firm has already partnered with major companies like BlackRock, Coinbase Ventures, and Blockchain Capital to work toward this goal.
BlackRock and Securitize’s Recent Collaboration
Last month, BlackRock and Securitize teamed up to launch a fund focusing on tokenized U.S. Treasurys. The BlackRock USD Institutional Digital Liquidity Fund is a private fund offered to institutional clients. It holds T-bills tokenized on Securitize’s platform.
The launch of this fund was seen as a major milestone for the adoption of blockchain technology by institutional investors.
Conclusion
Securitize’s latest funding round with participation from BlackRock underscores the growing interest in tokenization of real-world assets among major financial institutions. As Securitize builds out the infrastructure for compliant tokenization, adoption of this technology could accelerate. The startup’s collaboration with BlackRock on a tokenized treasury fund is evidence of real progress.
