Securitize Raises $47M Funding Round Led by BlackRock


Securitize, a Miami, FL-based company which specializes in tokenizing real-world assets, raised $47M in funding.

The round was led by by BlackRock (Nasdaq: BLK) with participation from Hamilton Lane (Nasdaq: HLNE), ParaFi Capital, Tradeweb Markets (Nasdaq: TW), Aptos Labs, Circle and Paxos. As part of the investment, Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, has been appointed to Securitize’s Board of Directors.

The company intends to use the funds to further enhance its continued innovation and expansion as it consolidate its position as a player in the digital asset securities ecosystem.

Led by CEO Carlos Domingo, Securitize specializes in tokenizing real world assets driving the compliant digitization of financial assets through blockchain technology. The round coincides with the launch of BlackRock’s first tokenized fund issued on Ethereum, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), available to investors by subscribing to the fund with Securitize. BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month. The fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Through Circle, BUIDL holders can transfer their shares to Circle for USDC through its smart contract functionality.  Fund participants will also have flexible custody options allowing them to choose how to hold their tokens.

Commenting on the news, Carlos Domingo said: “We are thrilled to have the support of such distinguished investors as we continue to drive the digitization of capital markets through tokenization