BlackRock moves into RWA real-world assets! Join forces with Securitize to launch tokenized fund

BlackRock has notified regulators that it plans to launch a tokenized private equity fund in partnership with financial services firm Securitize, in what would be a high-profile collaboration measures.

BlackRock has submitted relevant documents for its institutional digital asset fund to the U.S. Securities and Exchange Commission (SEC), and plans to cooperate with Securitize, a blockchain company focused on the digitization of real assets, to launch tokenized private equity fund. Outside investors will need to invest at least $100,000 to participate in the fund, according to the filing.

A token called the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) was launched on the Ethereum blockchain two weeks ago, according to data from Etherscan. The total supply of the token is set at 100, and there is currently only one holder.

BlackRock has recently accelerated the layout of digital assets. The Bitcoin spot ETF BIT launched has only been established for more than two months. Its asset size has reached 15.3 billion US dollars, second only to Grayscale GBTC’s Bitcoin spot ETF. . At the same time, BlackRock also submitted an application for an Ethereum spot ETF to the SEC.

Founded in 2017, Securitize is a blockchain company specializing in the tokenization of real-world assets, working with BlackRock. The company obtained SEC transfer agent registration in July 2019. In 2022, Securitize offers a tokenized investment fund for KKR Funds. In 2023, they provided a tokenization pipeline for asset management company Hamilton Lane’s private credit funds and provided services to accredited investors of Polygon blockchain users.

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