Securitize Raises $47M Led by BlackRock for RWA Tokenization
Securitize, a leading player in RWA tokenization, has closed a significant $47 million funding round, with BlackRock spearheading the investment. This collaboration underscores the growing momentum and promise within the...
Securitize, a leading player in RWA tokenization, has closed a significant $47 million funding round, with BlackRock spearheading the investment. This collaboration underscores the growing momentum and promise within the RWA tokenization landscape.
The investment round, announced on May 1, saw participation from key financial institutions including Hamilton Lane, ParaFi Capital, and Tradeweb Markets. The infusion of capital will enable Securitize to further its mission of harnessing blockchain technology to digitize capital markets, thereby simplifying processes and expanding accessibility.
Carlos Domingo, Co-Founder and CEO of Securitize, expressed gratitude for the support from esteemed investors, emphasizing the transformative potential of blockchain in reshaping finance and tokenization specifically.
BlackRock’s involvement marks a strategic move, particularly following their collaboration with Securitize on the BlackRock USD Institutional Digital Liquidity Fund. This partnership underscores BlackRock’s commitment to RWA tokenization, a process involving the digitization of real-world assets like equities and bonds for trading on a blockchain.
Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, has been appointed to Securitize’s Board of Directors, signaling deeper collaboration and strategic alignment.
According to Chalom, BlackRock sees tokenization as a catalyst for significant transformation in capital markets infrastructure. The investment in Securitize reflects BlackRock’s commitment to driving innovation to meet the evolving needs of its clients.
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