BlockBeats news, on May 12, BlackRock submitted a new application for a tokenized fund structure to the U.S. SEC, once again selecting Securitize to provide on-chain infrastructure support.
According to the disclosure documents, the new architecture integrates the recording of fund share ownership on the blockchain with a regulated transfer agent and investor access system, connecting on-chain operations with traditional financial compliance frameworks.
Securitize stated that its subsidiary, Securitize Transfer Agent, LLC, will maintain the official ownership records of fund shares on the public blockchain, meaning that on-chain holding data will be directly integrated into a regulated fund registry.
The company stated that this is another step toward regulated on-chain capital markets achieving institutional-scale operations. This application is also seen as further expansion by BlackRock following the success of BUIDL, its first tokenized fund launched in 2024 in partnership with Securitize, which has since grown to approximately $2.3 billion in assets and become one of the key examples of institutional adoption of tokenized finance.
Securitize also disclosed that the global market size for tokenized real-world assets (RWA) has now surpassed $30 billion, with the industry transitioning from early-stage experimentation to the development of institutional-grade infrastructure, interoperability, and compliant on-chain financial systems.