Securitize completes $47 million strategic financing, led by BlackRock
Golden Finance reported that tokenization company Securitize announced today the successful completion of a $47 million financing round led by BlackRock. The strategic investment also includes funding from Hamilton Lane, ParaFi Capital, and Tradeweb markets. Other strategic investors in this round of financing include Aptos Labs, Circle, and Paxos. Securitize will use the proceeds from this round of financing to accelerate product development, expand its global footprint, and further strengthen its partnerships within the financial services ecosystem. As part of the investment, Joseph Chalom, Managing Director of BlackRock's Global Strategic Ecosystems Partnerships, has been appointed as a member of Securitize's board of directors.
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