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Securitize Secures $47 Million Funding Round Led by BlackRock
Securitize, a company specializing in RWA tokenization, recently closed a successful $47 million funding round led by BlackRock, the world’s largest asset manager. This significant investment further highlights the growing interest and potential within the RWA tokenization sector.
Key Highlights of the Funding Round:
- BlackRock leads the $47 million funding round
- Other participants include Hamilton Lane, ParaFi Capital, and Tradeweb Markets
- The investment will support Securitize in leveraging blockchain technology to digitize capital markets
Carlos Domingo on the Support Received
Carlos Domingo, Co-Founder and CEO of Securitize, expressed his enthusiasm for the support received from esteemed investors. He emphasized the transformative potential of blockchain technology in reshaping the future of finance through tokenization.
BlackRock’s Strategic Move
BlackRock’s investment in Securitize follows a recent collaboration on the BlackRock USD Institutional Digital Liquidity Fund. This strategic focus on RWA tokenization involves creating digital tokens representing real-world assets like equities, bonds, and real estate for trading on a blockchain.
Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, has been appointed to Securitize’s Board of Directors. He highlighted the potential of tokenization to drive transformation in capital markets infrastructure and expressed BlackRock’s commitment to fostering innovation in digital assets.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
