BlackRock Leads $47M Funding Round for Tokenization Firm Securitize
Share:
Predictions Markets
See what traders are focused on
- Securitize secured a $47M funding round led by BlackRock to drive digital asset securities.
- BlackRock’s Joseph Chalom joins Securitize’s board as part of the investment.
- Securitize’s funding round coincides with the debut of BlackRock’s tokenized fund, BUIDL.
Securitize, a leading company in digitizing tangible assets, has raised $47 million in a funding cycle led by the most prominent asset manager, BlackRock. Securitize announced this development in an official press statement dated May 1.
This strategic funding also incorporates contributions from Hamilton Lane, ParaFi Capital, and Tradeweb Markets. Blockchain developers Aptos Labs, Paxos, and stablecoin issuer Circle were additional investors in the funding round.
In the report, Securitize stressed that the provided funds will drive ongoing innovation and growth, potentially consolidating its role as a frontrunner in the digital asset securities landscape. Securitize co-founder Carlos Domingo expressed delight at the new funding, especially considering the involvement of financial behemoths. Domingo added:
“In our view, the transformative potential of blockchain technology to reshape the future o…
The post BlackRock Leads $47M Funding Round for Tokenization Firm Securitize appeared first on Coin Edition.
Read More
US Spot Bitcoin ETFs Rebound with $90.4M Net Inflow, Ending Two-Day Losing Streak
