ChainCatcher news, Securitize's tokenized on-chain assets have exceeded $1 billion, launching a new fund management service. The company is initiating a new business called Securitize Fund Services to streamline the operational and compliance tasks associated with creating new blockchain-based real-world asset products.The fund management service will assist companies like BlackRock and Hamilton Lane in creating new crypto-based funds, while also providing support for regulatory compliance, tax services, financial reporting, and record keeping.

ChainCatcher news, according to Decrypt, the tokenization platform Securitize announced the launch of a conversion service between Circle's stablecoin (USDC) and the US dollar, specifically for BlackRock's US dollar institutional digital liquidity fund (BUIDL).Securitize stated in a press release that this integration aims to reduce investment costs and simplify the subscription process for traditional financial investors into the BUIDL fund. The company is collaborating with BlackRock to issue BUIDL tokens on the Ethereum blockchain.Blockchain infrastructure company Zero Hash will provide support for the conversion between US dollars and digital assets for this service. The service is aimed at qualified investors and is designed to accelerate investments into the BUIDL fund. According to data from Etherscan, the value of the BUIDL fund is approximately $550 million, making it one of the largest in its category.

ChainCatcher news, according to TheBlock, Ethena will collaborate with Securitize and BlackRock to launch a new UStb stablecoin, supported by BlackRock's tokenized U.S. Treasury Fund BUIDL.

ChainCatcher news, at the Solana Breakpoint conference, Securitize co-founder and CEO Carlos Domingo announced a partnership with Wormhole to achieve interoperability of tokenized assets, selecting Wormhole as the official interoperability provider for all its current and future tokenized assets.

ChainCatcher news, digital asset management company ParaFi Capital announced that it will tokenize part of its $1.2 billion portfolio on the Avalanche blockchain through the Securitize platform. This marks the company's first attempt at fund tokenization, offering a portion of equity in its latest venture capital fund. Through tokenization, investors can buy and sell these tokenized shares on a digital platform.ParaFi Capital founder Ben Forman stated that this move is not only an investment in technology but also a practical application. Tokenization helps lower the investment threshold, allowing more people to participate in opportunities that were previously limited to large institutions or wealthy investors.

ChainCatcher news, according to Ledger Insights, the Japanese subsidiary of Phillip Securities, headquartered in Singapore, has invested in the Sony-produced film "Hero Island" and plans to issue security tokens to facilitate consumer investment in the film through digital securities.It is understood that the relevant issuance technology is provided by Securitize Japan, whose parent company is supported by BlackRock. The film is scheduled to be released in 2025, but a small batch token issuance of 100,000 yen (629 USD) will start next week. Investors can participate in the film's revenue sharing (part of box office revenue), including cinema releases, video and broadcast sales, value-added bonuses, and may also have the opportunity to participate in additional scenes, attend the film premiere, receive promotional posters, and even have their names appear in the end credits.

ChainCatcher news, according to CoinDesk, alternative asset management firm Investcorp and Securitize have signed a cooperation agreement to promote fund tokenization. The two companies will initially develop tokenized funds within Investcorp's Strategic Capital Group (ISCG), which manages $1.5 billion in assets and was established in 2019.ISCG specializes in acquiring minority stakes in alternative asset management firms (GPs) and has partnered with mid-sized GPs in areas such as acquisitions, secondary markets, structured equity, private credit, and physical asset strategies. This partnership allows qualified investors to leverage GP staking strategies through Securitize's tokenization technology and utilize the efficiency of blockchain to expand access to emerging private markets.Investcorp has previously been an active participant in the cryptocurrency space. In 2022, the firm poached former ING digital asset head Herve Francois to help establish its first blockchain fund. Since then, the company has led or invested in multiple funding rounds for cryptocurrency firms.

ChainCatcher news, according to official sources, the RWA tokenization platform Securitize has completed a $47 million strategic financing round, led by BlackRock, with participation from Hamilton Lane, ParaFi Capital, Tradeweb Markets, Aptos Labs, Circle, and Paxos. The funds from this round will be used to accelerate product development and further strengthen its partnerships within the financial services ecosystem.As part of the investment, Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock, has been appointed to the board of Securitize.

ChainCatcher news, according to Dune Analytics data, the scale of tokenized asset management of U.S. Treasury bonds on the blockchain exceeds 1 billion dollars, reaching 1.073 billion dollars. Among them:· Franklin Templeton has an asset management scale of 360 million dollars, ranking first;· Securitize has an asset management scale of 240 million dollars, ranking second;· Mountain Protocol has an asset management scale of 150 million dollars, ranking third.

ChainCatcher news, according to a filing with the U.S. Securities and Exchange Commission (SEC), BlackRock has created a fund called the BlackRock USD Institutional Digital Liquidity Fund.It is reported that the fund is registered in the British Virgin Islands and will be launched in collaboration with the asset tokenization company Securitize.

ChainCatcher news, according to The Information, asset tokenization company Securitize has acquired crypto investment startup Onramp Invest, with the acquisition amount undisclosed. It is reported that Securitize has raised over $120 million from supporters including Blockchain Capital, Coinbase Ventures, and funds managed by Morgan Stanley.According to the crypto data platform RootData, Securitize is a fully digital integrated platform for issuing, managing, and trading digital asset securities; Onramp Invest is a digital, comprehensive crypto asset management solution that helps financial advisors invest in cryptocurrencies.

ChainCatcher news, according to The Block, blockchain company Securitize, which specializes in the tokenization of real-world assets, announced that it has begun issuing tokenized securities representing equity in the Spanish real estate investment trust Mancipi Partners in Europe.It is reported that the aforementioned securities will be tokenized on Avalanche, with secondary trading starting in September.The company's co-founder Carlos Domingo stated that Securitize is the first company able to issue and trade tokenized securities in both the U.S. and Europe, and also the first company to issue and trade tokenized securities under the EU's new digital asset pilot regime.

ChainCatcher news, according to The Block, the digital securities tokenization platform Securitize on Polygon has launched a new side fund that offers tokenized exposure to the private credit fund Senior Credit Opportunities Fund managed by Hamilton Lane, available for qualified investors (with a minimum investment of $5 million), with the minimum investment amount reduced from $2 million to $10,000.This side fund is the second in the series of three Hamilton Lane funds offered on the Securitize platform, following Hamilton Lane's opening of a portion to individual investors through Securitize in February. (Source link)

ChainCatcher news, according to the official Polygon blog, global asset management firm Hamilton Lane's $2.1 billion fund is opening up to individual investors through the digital securities platform Securitize on the Polygon network's tokenization platform.Hamilton Lane is opening a portion of its Equity Opportunities Fund V to individual investors through a new tokenized feeder fund, which provides individuals with a way to invest in the private equity asset class, lowering the minimum investment from an average of $5 million to $20,000. Securitize and Hamilton Lane plan to launch two more feeder funds in the coming months. (source link)

According to Chain Catcher news and reported by The Block, the crypto venture capital firm Spice VC stated in an interview that its second fund is expected to complete a $250 million fundraising in mid-Q4 this year, which is five times the size of its first fund, and will invest in areas such as DeFi, GameFi, and digital healthcare.It is reported that Spice VC's investment cases include Bakkt, ripio, Securitize, INX, and others. In addition, Spice VC founder and managing partner Tal Elyashiv revealed that the fund has returned 82% of the capital to its first-round investors. (Source link)

According to Chain Catcher news and a report by The Wall Street Journal, private equity giant KKR announced a partnership with the securities firm Securitize to offer a portion of its private equity fund on Avalanche. Qualified purchasers (with $5 million in investable assets) can invest in KKR's fund through a tokenized side fund after creating a crypto wallet and registering with Securitize. After holding for one year, purchasers will be able to sell it on a secondary market managed by Securitize to other qualified individuals. (The Wall Street Journal)