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BlackRock has submitted a new tokenized fund architecture application to the US Securities and Exchange Commission (SEC), with Securitize continuing to provide underlying technical support. The document shows that the fund will record ownership through blockchain and integrate regulated transfer agents and investor access systems. Securitize Transfer Agent, LLC will maintain fund share registration and ownership records on multiple public chains. Its first tokenized fund, BUIDL, has reached a scale of $2.3 billion since its launch in 2024. Market data shows that the total size of the Real World Asset (RWA) tokenization market has exceeded $30 billion.