Securitize Secures $47M Funding Led by BlackRock
May 2, 2024, 9:32 pm
Location: United States, Pennsylvania, Conshohocken
Employees: 501-1000
Founded date: 1991
Real-world asset tokenization firm Securitize has successfully raised $47 million in funding, with BlackRock leading the investment charge. The company plans to use the funds to further enhance its innovative efforts in the digital asset securities ecosystem. Led by CEO Carlos Domingo, Securitize specializes in the compliant digitization of financial assets through blockchain technology. The recent funding round coincides with the launch of BlackRock's first tokenized fund on Ethereum, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), offering stable value and daily dividends to investors. With BlackRock's backing, Securitize aims to drive the digitization of capital markets through tokenization.