BlackRock to launch tokenized investment fund with Securitize
Quick Take
- BlackRock, the world’s largest asset manager, has notified regulators that it will offer a tokenized pooled investment fund.
- According to the filing, the pooled investment fund will require outside investors to put down a minimum of $100,000.
BlackRock is launching a tokenized private equity fund in tandem with financial services firm Securitize as the company deepens its foray into digital assets.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.