BlackRock partners with Securitize to launch tokenized asset fund
March 20th, 2024

Investment management giant BlackRock has created a fund called the BlackRock USD Institutional Digital Liquidity Fund, according to a filing with the U.S. Securities and Exchange Commission (SEC). The fund is incorporated in the British Virgin Islands and will be launched in partnership with asset tokenization company Securitize. The filing did not disclose what assets the fund will hold, but it may be related to the tokenization of real-world assets (RWA). On-chain data shows that $100 million USDC stable currency was transferred to an address related to the Securitize deployer, which may be a seed capital for the fund.

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