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Securitize completes $47 million strategic financing, led by BlackRock

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2024-05-01 12:45:23
Tokenization company Securitize today announced the successful completion of a $47 million funding round led by BlackRock. The strategic investment also includes funding from Hamilton Lane, ParaFi Capital, and Tradeweb Markets. Other strategic investors in this round include Aptos Labs, Circle, and Paxos. Securitize will use the proceeds from this round to accelerate product development, expand its global footprint, and further strengthen its partnerships in the financial services ecosystem.
As part of the investment, Joseph Chalom, BlackRock's global head of strategic ecosystem partnerships, has been appointed to Securitize's board of directors.
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