BlackRock

<ul><li>Securitize completes a $47 million funding round led by BlackRock, with participation from Hamilton Lane, ParaFi Capital, and Tradeweb Markets.</li><li>As part of BlackRock&#39;s investment, Joseph Chalom, Global Head of Strategic Ecosystem Partnerships, joins Securitize’s Board of Directors.</li></ul>Real-world asset (RWA) tokenization firm Securitize has recently <a href="https://securitize.io/learn/press/securitize-announces-strategic-funding-round-led-by-blackrock" rel="noopener noreferrer nofollow">announced</a> that it has completed a $47 million funding round led by BlackRock, the world&#39;s largest asset manager.The announcement also states that the funding round saw participation from Hamilton Lane, ParaFi Capital, and Tradeweb Markets as well.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/cf24516edd284736ae9d23b12d6c025a.png" />Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, has joined Securitize’s Board of Directors as part of the investment.“At BlackRock, we believe that tokenization has the potential to drive a significant transformation in capital markets infrastructure. Our investment in Securitize is another step in the evolution of our digital assets strategy,” said Joseph Chalom.Securitize plans to use the funds raised in this round to hasten product development, broaden its international presence, and enhance its partnerships within the financial services ecosystem.In March, BlackRock, has rolled out its first tokenized fund — <a href="https://www.sec.gov/Archives/edgar/data/2013810/000201439024000001/xslFormDX01/primary_doc.xml?ref&#61;newzchain.com" rel="noopener noreferrer nofollow">BlackRock USD Institutional Digital Liquidity (BUIDL) Fund</a> with Securitize handling the transfer and tokenization of the fund. Additionally, BUIDL <a href="https://newzchain.com/blackrocks-buidl-hits-160m-in-first-week/" rel="noopener noreferrer nofollow">raised $160 million</a> in its first week itself.For more news related to web3, crypto, blockchain, and more, visit <a href="https://newzchain.com/?utm_source&#61;coinmarketcap&amp;utm_medium&#61;cmc_article&amp;utm_campaign&#61;RWAnews" rel="noopener noreferrer nofollow">Newzchain</a>.

Securitize Secures $47 Million in Funding Led by BlackRock to Expand Tokenization Services

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