BlackRock Leads $47 Million Investment in Securitize to Advance Tokenization

The investment aims to transform capital markets by integrating traditional assets into blockchain, enhancing transparency and reducing costs.

BlackRock's strategic investment in Securitize marks a significant move towards the tokenization of traditional financial assets.
The $47 million funding round includes other major investors like Hamilton Lane and ParaFi Capital.
Securitize, a leader in tokenizing real-world assets, will use the funds to expand its blockchain infrastructure.
Joseph Chalom, BlackRock’s global head of strategic ecosystem partnerships, joins the Securitize board of directors.
The investment underscores BlackRock's commitment to digital assets, following the launch of its tokenized fund BUIDL.