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Securitize raises $47M in funding led by BlackRock to enhance innovation and expansion in digital asset securities ecosystem

Securitize raises $47M in funding led by BlackRock to enhance innovation and expansion in digital asset securities ecosystem

CointimeCointime2024/05/02 07:19
By:Cointime

Miami-based company Securitize, which specializes in tokenizing real-world assets, has raised $47 million in funding. The round was led by BlackRock, with participation from Hamilton Lane, ParaFi Capital, Tradeweb markets, Aptos Labs, Circle, and Paxos. The funds will be used to enhance the company's innovation and expansion as it consolidates its position in the digital asset securities ecosystem. BlackRock's first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund, has also been launched on Ethereum and is available to investors by subscribing to the fund with Securitize.

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