Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
Submitted by Anonymous (not verified) on Fri, 05/03/2024 - 08:30

With over $10 trillion under its management, asset management firm BlackRock has led a $47 million investment in Securitize, a prominent player in
BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward
BlackRock and Securitize’s new digital assets fund is a game-changer for tokenization and the wider regulated market, says Peter Gaffney, head of r
"This is the latest progression of our digital assets strategy," said Robert Mitchnick, BlackRock’s Head of Digital Assets.
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index.
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