BlackRock (BLK) Files to Launch Tokenized Fund With Securitize
BLKBlackRock(BLK) Zacks Investment Research·2024-03-21 00:56

As part of its efforts to further expand its foray into digital assets, BlackRock, Inc. (BLK) has filed with the Securities and Exchange Commission (“SEC”) to offer a tokenized private equity fund — BlackRock USD Institutional Digital Liquidity Fund Ltd. — in partnership with financial service provider Securitize. It is not yet clear what assets the fund will hold. But, given Securitize’s presence, it is assumed that the fund will deal with the tokenization of real-world assets. Per the filing, the minimum ...