Capital markets News

BlackRock partners tokenization firm Securitize for first digital fund

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BlackRock is about to launch a tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund. According to an SEC filing, it has partnered with tokenization firm Securitize. Update: BlackRock has now shared additional information about the new fund.

The filing didn’t disclose the size of the Cayman Islands fund, but the minimum investment amount is $100,000.

CEO Larry Fink has previously been very optimistic about tokenization.

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