BlackRock, the largest asset manager in the world with trillions under management, has partnered with Securitize on a new fund.
According to a Form D filed with the Securities and Exchange Commission several days ago, BlackRock is raising money for its BlackRock USD Institutional Digital Liquidity Fund Ltd.
The Reg D 506c offering is for Accredited Investors only and requires a minimum commitment of $100,000. The investment fund is yet to receive any investors, according to the filing.
As for Securitize, it will benefit from an expected commission of $525,000.
Securitize is a registered Broker Dealer that operates an ATS [alternative trading system] that trades in digital assets. The company is at the forefront of the transition from analog securities to the future of digital securities. This future includes novel assets that have been challenging to turn into securities in the past.
This week, the company was recognized on FastCompany’s list of the World’s Most Innovative Companies of 2024, coming in second place in the crypto/blockchain category.
Carlos Domingo, co-founder and CEO of Securitize, says they are building the future of finance for real-world assets, predicting a $30 trillion opportunity.
“As more institutions get into the space, we are proud to be recognized for our leadership role in the tokenization transformation, and our team is committed to setting a new standard for accessibility, efficiency, and flexibility in the industry.”
Securitize has worked with multiple institutions to “tokenize” assets, including KKR and Hamilton Lane.
As for investors, there are digital asset opportunities listed on the Securitize marketplace available for both Accredited and Non-Accredited Investors.