ME News reports that on May 12 (UTC+8), BlackRock submitted a new filing for a tokenized fund to the U.S. Securities and Exchange Commission (SEC), once again selecting Securitize to provide its infrastructure support. Previously, BlackRock’s first tokenized fund, BUIDL, developed in partnership with Securitize, was successfully launched in 2024 and has since grown to approximately $2.3 billion in assets under management. (Source: ChainCatcher)
BlackRock Submits New Tokenized Fund Application to the SEC, Partners Again with Securitize
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Summary
BlackRock has filed a new tokenized fund application with the SEC, again partnering with Securitize for infrastructure support. The firm’s BUIDL fund, launched in 2024, now holds approximately $2.3 billion in assets. Altcoins to watch may gain momentum as institutional interest increases. The Fear & Greed Index recently indicated a shift toward cautious optimism in the market.
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