As an analyst with extensive experience in the digital asset and blockchain space, I am thoroughly impressed by Securitize’s recent $47 million funding round led by industry giant BlackRock. This strategic alliance is a testament to Securitize’s groundbreaking work in digitizing capital markets through tokenization.
BlackRock spearheaded a significant $47 million investment round for Securitize, which will be utilized to advance their technological initiatives and broaden their presence in the digital security sector.
Joseph Chalom, holding the position of Global Head of Strategic Ecosystem Partnerships at BlackRock, has been announced as the newest addition to Securitize’s Board of Directors. This appointment signifies the significance of our alliance from BlackRock’s perspective.
As a crypto investor, I’m excited to announce that my latest investment round aligns perfectly with the debut of BlackRock’s inaugural tokenized fund. This new offering, named the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), was issued on Ethereum (ETH). So not only am I making strategic investments, but I’m also staying at the forefront of the evolving digital asset landscape.
In partnership with Securitize, BUIDL is committed to keeping the token value steady at $1, providing investors with instant dividend payouts to their digital wallets, and offering adaptable custody solutions to boost investor reachability and comfort.
Securitize is thrilled to reveal that we have successfully closed a $47 million investment round. This round was spearheaded by BlackRock, alongside Hamilton Lane, Parafin Capital, Tradeweb, and strategic backers Aptos Labs, Circle, and Paxos.
— Securitize (@Securitize) May 1, 2024
Carlos Domingo, the co-founder and CEO of Securitize, expressed his excitement about the investment backing from these notable figures.
“Domingo expressed his delight in securing the backing of esteemed financial backers, who will help propel our efforts to advance capital markets digitization via tokenization,” is a possible paraphrase.
As Ben Forman, the founder and Managing Partner of ParaFi, I would express my admiration for Securitize’s robust infrastructure in clear and natural language: “I am deeply impressed by Securitize’s advanced infrastructure capabilities.”
He stated that Securitize’s advanced technology allows traditional assets to transition smoothly onto the swift and contemporary tracks of blockchains.
The injection of capital involves Hamilton Lane, ParaFi Capital, and Tradeweb Markets as contributors. Notably, Aptos Labs, Circle, and Paxos also participated in the funding round, underscoring the significant industry backing for Securitize’s groundbreaking methods.
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2024-05-01 18:55