RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock

As a seasoned crypto investor with a keen interest in real-world asset (RWA) tokenization, I find this news extremely encouraging. Securitize, a leading RWA tokenization firm, just closed a significant $47 million funding round, with BlackRock, the world’s largest asset manager, taking the lead. This partnership is a testament to the growing recognition and acceptance of blockchain technology in digitizing capital markets.

As a crypto investor, I’m excited to share that Securitize, a leading real-world asset (RWA) tokenization firm, recently announced the successful completion of a $47 million funding round. This significant investment was spearheaded by none other than BlackRock, the world’s largest asset manager, further solidifying the growing recognition and importance of digital securities in the financial landscape.

On Wednesday, Securitize revealed that the latest funding round featured participation from Hamilton Lane (HLNE), ParaFi Capital, and Tradeweb Markets (TW).

Securitize plans to apply the raised funds towards amplifying its initiatives in implementing blockchain technology for digitalizing capital markets.

Last month, BlackRock and Securitize announced their partnership to launch the BlackRock USD Institutional Digital Liquidity Fund. This new fund is anticipated to focus on the tokenization of Real Wire Assets (RWA), which involves generating digital tokens that represent real-world assets such as stocks, bonds, and property, for trading on blockchain platforms.

Joseph Chalom, BlackRock’s global head of strategic ecosystem partnerships, is set to become a member of Securitize’s board following the investment by BlackRock in the company.

2024-05-01 17:35

RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock

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