BlackRock Drives Tokenization Push With $47 Million Investment In Securitize
Summary
BlackRock invested $47 million in Securitize, a key player in tokenization. BlackRock's Joseph Chalom will join Securitize's board. Securitize has earned trust from major financial firms and collaborated with BlackRock's BUIDL fund. The investment will help Securitize expand its licenses and explore new blockchains. CEO Carlos Domingo envisions tokenized assets bringing traditional finance to Web3 investors and vice versa. This investment reflects BlackRock's confidence in the growth of the tokenization sector.
