Goks, BlackRock Disburses IDR 763 Billion To This Company!

JAKARTA - BlackRock, the world's largest investment manager, has announced a strategic investment of $47 million (approximately IDR 763 billion) in Securitize, a company in the asset tokenization sector. This investment not only confirms BlackRock's position in the digital ecosystem but also marks a new era in capital market evolution.

Securitize, which has been a partner of BlackRock for a long time, is known for its platform that allows physical and traditional financial asset tokenizations into blockchain. With this technology, Securitize seeks to revolutionize the way assets are traded, stored, and managed, by promising increased efficiency, transparency, and accessibility.

Larry Fink, CEO of BlackRock, has stated that tokenized securities are the next generation to the market, a vision that is now getting closer to reality. BlackRock itself has started this journey by launching the BlackRock USD Institutional Digital Liquidity Fund in March, a fund that offers US dollar revenue through tokenization and is available through Secure Markets.

Joseph Chalom, head of the global partnership of the strategic ecosystem BlackRock, who now serves as a member of the board of directors of Securitize, stressed that tokenization has great potential in transforming capital market infrastructure. This investment, according to him, is an important step in BlackRock's growing digital asset strategy.

Other investors participating in this funding round include Hamilton Lane, ParaFi Capital, and Tradeweb Markets, all of whom are important players in the financial industry. Hamilton Lane himself has demonstrated his commitment to tokenization by making one of its equity funds available through a security feed fund that has been tokenized in Polygon since January 2023.

The partnership between BlackRock and Securitize marks an important turning point in financial history, where the boundaries between traditional and digital assets are increasingly blurred. With the support of big names like BlackRock, tokenization is expected to open the door to a more inclusive, liquid and efficient market.