Securitize Receives $47m Funding Round Headed By BlackRock

Securitize has recently finalized a substantial $47 million funding round led by BlackRock to support its ongoing innovations and expansion in digital asset securities.

Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, will join Securitize’s Board of Directors, representing the alliance’s importance.

The funding also coincides with the launch of BlackRock’s first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), issued on Ethereum (ETH).

Managed in collaboration with Securitize, BUIDL aims to maintain a stable token value of $1, pays dividends directly to investors’ wallets, and offers flexible custody options, enhancing investor accessibility and convenience.

Carlos Domingo, co-founder and CEO of Securitize, shared his enthusiasm for the support from these prominent investors.

“We are thrilled to have the support of such distinguished investors as we continue to drive the digitization of capital markets through tokenization,” Domingo said.

Ben Forman, founder and Managing Partner of ParaFi, praised Securitize’s infrastructure capabilities.

“Securitize has built cutting-edge infrastructure that enables traditional assets to move onto the high-speed, modern rails of blockchains,” he said.

The capital infusion includes Hamilton Lane, ParaFi Capital, and Tradeweb Markets contributions. Other strategic investors in the round included Aptos Labs, Circle, and Paxos, highlighting the broad industry support for Securitize’s innovative approaches.