BlackRock, the world’s largest asset manager, has launched a new tokenized fund on Ethereum, according to a March 19 filing with the Securities and Exchange Commission.
The fund, resulting from a collaboration with Securitize, aims to boost market accessibility and real-world asset tokenization.
BlackRock Announces New Fund
The fund called the BlackRock USD Institutional Digital Liquidity Fund, is based in the British Virgin Islands and results from a partnership with Securitize. While details regarding the fund are under wraps, the collaboration with Securitize hints at a focus on Real-World Assets (RWA) tokenization. Securitize is known for its expertise in asset tokenization. According to on-chain data, BlackRock has seeded the fund with an initial capital of $100 million USDC on the Ethereum blockchain. Both companies are yet to make a public announcement regarding the SEC filing and the new fund.
Real-World Assets (RWAs)
BlackRock’s USD Institutional Digital Liqui
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