- BlackRock has filed notice with the SEC regarding a new tokenized private equity fund in partnership with Securitize
- The new fund requires a $100k minimum investment and has estimated sales commissions of $525k based on the filing
- This tokenized fund marks a further expansion by BlackRock into digital assets, building on the success of its Bitcoin ETF that has accumulated $1.55B AUM
BlackRock, the world’s largest asset manager, is launching a tokenized private equity fund with financial services firm Securitize. This move shows how BlackRock is continuing to expand its presence in the digital asset space.
BlackRock Files Notice with SEC for New Tokenized Fund
Last Thursday, BlackRock filed a Form D notice with the Securities and Exchange Commission regarding its new USD Institutional Digital Liquidity Fund. According to the filing, the pooled investment fund will require a minimum investment of $100,000 from outside investors.
The notice shows the fund’s estimated sales commissions are $525,000, with no finder’s fees reported. It lists Securitize Markets, a Miami-based platform for digital assets, as conducting the sale.
BlackRock’s Growing Digital Asset Offerings
Since regulators approved BlackRock’s Bitcoin ETF (IBIT) in January, it has accumulated $1.55 billion in assets under management. This makes IBIT the second-largest spot bitcoin ETF, according to data from The Block. In total, BlackRock has over $9 trillion in assets under management.
The new tokenized fund marks another expansion by BlackRock into digital assets and blockchain technology. With the partnership with Securitize, BlackRock continues to position itself as an innovative player in the asset management space.
