Securitize, a prominent player in real-world asset tokenization, has announced a successful $47 million funding round led by BlackRock (Nasdaq: BLK). This strategic investment, which also includes contributions from Hamilton Lane (Nasdaq: HLNE), ParaFi Capital, and Tradeweb Markets (Nasdaq: TW), emphasizes Securitize’s ongoing efforts to revolutionize capital markets using blockchain technology.
The investment signals confidence in Securitize’s pioneering role in digital asset securities, highlighting its commitment to innovation and market expansion. As part of this funding, Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock, joins Securitize’s Board of Directors.
Carlos Domingo, Co-Founder and CEO of Securitize, expressed gratitude for the support from distinguished investors, recognizing blockchain’s transformative potential in reshaping finance through tokenization.
Joseph Chalom from BlackRock commented on the significance of tokenization in driving capital market transformations, aligning with BlackRock’s digital assets strategy.
Juan Delgado, Co-CEO of Hamilton Lane, emphasized their longstanding partnership with Securitize and their shared vision for democratizing private markets.
Ben Forman, Founder and Managing Partner of ParaFi, praised Securitize’s infrastructure for facilitating traditional asset movement onto blockchain platforms.
Chris Bruner, Chief Product Officer at Tradeweb, highlighted the efficiency and accessibility benefits of tokenization in financial markets, emphasizing the synergy with Tradeweb’s technological focus.
Securitize plans to utilize the funding to enhance product development, expand globally, and strengthen partnerships within the financial services sector.
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By Proptechbuzz
By Ravi Kumar
