What Securitize's fund services do, and where BlackRock's BUIDL fits in

A look at how Securitize runs fund services

A new guide explains what Securitize actually does for the funds it works with. Instead of one company doing everything, Securitize runs its services through separate affiliates, and each affiliate handles a different part of the job.

BlackRock's BUIDL fund is used as the working example. It shows how Securitize's services fit around a fund's own manager and the fund's own exit terms, rather than replacing them.

The guide appears in coverage focused on tokenization — the process of representing assets on a blockchain, a shared digital ledger — and on institutions bringing finance onchain.

Five roles across separate affiliates

• Securitize's fund services are split across separate affiliates instead of sitting in one entity.


• The affiliates cover five areas: ownership records, distribution, trading, administration, and investment advice.


• BlackRock's BUIDL is the example used to show how the model works.


• A fund keeps its own manager and its own exit terms. Securitize's services operate around them.

What each affiliate handles

Each affiliate takes responsibility for one piece of a fund's operations:

• Ownership records: tracking who holds shares in the fund.


• Distribution: handling how fund shares reach investors.


• Trading: covering the trading side of the fund's shares.


• Administration: the ongoing administrative work a fund requires.


• Investment advice: providing advice through a dedicated affiliate.

How BUIDL shows the model in practice

BUIDL, a fund from BlackRock, illustrates how the separate services come together. The fund has its own manager and its own terms for investors exiting the fund. Securitize's affiliates supply the surrounding services — records, distribution, trading, administration, and advice — within that setup.

Details the available summary leaves out

The summary of the guide does not name the individual affiliates, list any dates or fees, or provide further specifics on BUIDL's structure. Readers who want that level of detail should consult the original guide directly.

Where this information comes from

• The Defiant