Today, Securitize, a leading platform for tokenizing real-world assets, announced a major milestone in its growth journey with the closure of a $47 million strategic investment round led by financial giant BlackRock (Nasdaq: BLK). Additional participants in this funding round include Hamilton Lane (Nasdaq: HLNE), ParaFi Capital, and Tradeweb Markets (Nasdaq: TW).
The investment reflects the confidence of major financial institutions in Securitize’s innovative approach to digital securities and aligns with BlackRock’s ongoing strategy to integrate digital assets into traditional finance. This strategic partnership is further emphasized by BlackRock’s decision to appoint Joseph Chalom, its Global Head of Strategic Ecosystem Partnerships, to Securitize’s Board of Directors.
Securitize plans to use the fresh capital to accelerate its product development, expand its global presence, and enhance its infrastructure. The company is recognized for pioneering blockchain technology to improve capital market transparency, speed, and security.
Industry Leaders’ Perspectives
Carlos Domingo, Co-Founder and CEO of Securitize, expressed enthusiasm about the transformative potential of blockchain and tokenization technology in reshaping financial services. Likewise, Joseph Chalom of BlackRock highlighted the significant role of tokenization in evolving capital market infrastructures.
Juan Delgado, Co-CEO of Hamilton Lane, and Ben Forman, Founder and Managing Partner of ParaFi, both reiterated their firms’ commitment to innovating within digital securities. They praised Securitize’s leadership in the field.
Chris Bruner, Chief Product Officer at Tradeweb, acknowledged Securitize’s expertise aligning perfectly with Tradeweb’s goals of enhancing market infrastructure through advanced technologies.
The funding announcement coincides with the launch of BlackRock’s first tokenized fund on the Ethereum blockchain, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This innovative fund aims to offer investors a stable value of $1 per token with dividends paid in tokens and provides 24/7/365 token transferability among approved investors.
With this significant funding round and the strategic additions to its board, Securitize is poised to cement further its position as a leader in the digital asset securities ecosystem. The company’s ongoing innovations and partnerships are set to redefine how traditional assets are handled and traded in the digital age.
