Securitize receives $47m funding round headed by BlackRock

Securitize recently closed a significant $47 million financing round led by BlackRock to support its continued innovation and expansion in digital asset securities.

Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, will join Securitize’s Board of Directors, representing the importance of the alliance.

The funding also coincides with the launch of BlackRock USD Institutional Digital Liquidity Fund (BUIDL), BlackRock’s first tokenized fund issued on Ethereum (ETH).

Managed in collaboration with Securitize, BUIDL aims to maintain a stable token value of $1, pay dividends directly into investors’ wallets, and increase investors’ accessibility and convenience by offering flexible custody options.

Carlos Domingo, co-founder and CEO of Securitize, shared his excitement for the support of these leading investors.

“We are excited to have the support of such distinguished investors as we continue to advance the digitalization of capital markets through tokenization,” said Domingo.

Ben Forman, founder and Managing Partner of ParaFi, praised Securitize’s infrastructure capabilities.

“Securitize has built the cutting-edge infrastructure that enables traditional assets to move onto high-speed, modern blockchain rails,” he said.

The capital infusion includes contributions from Hamilton Lane, ParaFi Capital and Tradeweb Markets. Other strategic investors in the round included Aptos Labs, Circle and Paxos, highlighting broad industry support for Securitize’s innovative approaches.