BlackRock Files to Launch Fund With Tokenization Firm Securitize

March 19, 2024, 8:44 PM UTC

BlackRock Inc. is preparing to offer a fund through a partnership with digital-asset specialist Securitize, making it the latest Wall Street behemoth to experiment with putting money on blockchains.

The world’s largest asset manager said it plans to launch “BlackRock USD Institutional Digital Liquidity Fund Ltd.” with Securitize, a digital-asset firm specializing in tokenization, according to a filing to the US Securities and Exchange Commission dated on March 14 that was listed on the agency’s website Monday.

The minimum investment accepted from any outside investors is set at $100,000, according to the filing. There are few details in the filing ...

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