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RWA Tokenization Firm Securitize Secures $47 Million Investment Led by BlackRock

Trent Alan
Last updated: | 1 min read
A city getting tokenized, representing BlackRock Securitize deal.

Securitize, a company specializing in RWA tokenization, announced the successful closure of a $47 million funding round on May 1. The investment was led by BlackRock, the world’s largest asset manager, further solidifying the growing interest and potential within the RWA tokenization sector.

RWA Tokenization Narrative Receives a Big Boost with Securitize and BlackRock Deal


Additional participants in the funding round included financial institutions such as Hamilton Lane, ParaFi Capital, and Tradeweb Markets. The influx of capital will allow Securitize to broaden its efforts to leverage blockchain technology to digitize capital markets.

 

“In our view, the transformative potential of blockchain technology to reshape the future of finance in general – and tokenization in particular – is promising,” said Carlos Domingo, Co-Founder and CEO of Securitize.

BlackRock’s Strategic Securitize Move


This investment follows another recent collaboration between BlackRock and Securitize on the development of the BlackRock USD Institutional Digital Liquidity Fund. The initiative suggests a strategic focus on RWA tokenization for BlackRock, a process involving the creation of digital tokens representing real-world assets like equities, bonds, and real estate, which are then traded on a blockchain.

Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, has been appointed to Securitize’s Board of Directors.

“…we believe that tokenization has the potential to drive a significant transformation in capital markets infrastructure,” said Chalom. “Our investment in Securitize is another step in the evolution of our digital assets strategy.”