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<ul class="news-points">
 <li>Securitize secured a $47M funding round led by BlackRock to drive digital asset securities.</li>
 <li>BlackRock’s Joseph Chalom joins Securitize’s board as part of the investment.</li>
 <li>Securitize’s funding round coincides with the debut of BlackRock’s tokenized fund, BUIDL.</li>
</ul>
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 <a href="https://www.prnewswire.com/news-releases/securitize-announces-47-million-strategic-funding-round-led-by-blackrock-302133075.html" target="_blank" rel="noopener noreferrer nofollow">statement</a> 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:
<blockquote class="wp-block-quote">
 “In our view, the transformative potential of blockchain technology to reshape the future o…
</blockquote>
The post <a href="https://coinedition.com/blackrock-leads-47m-funding-round-for-tokenization-firm-securitize/" rel="noopener noreferrer nofollow">BlackRock Leads $47M Funding Round for Tokenization Firm Securitize</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

BlackRock Leads $47M Funding Round for Tokenization Firm Securitize

Coin Edition

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