BlackRock, the world’s largest asset manager, is moving forward with tokens of funds cited in the Stock Market (ETF) to expand its presence in the digital asset market.
The process is subject to regulation, according to sources close to Bloomberg, but the company is investigating the digitalization of funds related to actual assets, such as actions.
Part of the movement is based on the success of Bitcoin ETF (BTC) to cash Ishares Bitcoin Trust (IBIT) launched in January 2024. It has been integrated as the largest bottom of digital currencies cited in the stock market. Currently, 757,364 BTC is worth $860 million.
IBIT can allow ETFs to reach the token to work perhaps without Wall Street time limits, promoting access to global investors, enabling innovative uses, and further increasing the power of this ETF in the market.
As Cryptopedia explains, Cryptootic Educational Section, Real World Asset Tokenization (RWA). It’s a process Digitalize and program assets and integrate them into cryptocurrency networksaccelerates operational resolution, enables sales of asset fractions, and reduces the operating costs of the institution.
Traditional assets such as actions, bonds, and goods are transformed into digital tokens that represent assets.
Meanwhile, BlackRock has already ventured into this field with Buidl. Buidl is a tokenized fund launched in March 2024 in collaboration with Securitize. Operating on other networks such as Ethereum and Solana and Polygon, Buidl leads the tokenized treasure bond market with $2.2 billion in capitalization.
This background Provide dollars in dollars to qualified investorsdemonstrating the possibilities of tokenization to create new investment opportunities.
Unlike traditional ETFs that rely on compensation cameras for liquidation, the tokens operate instantly and continuously. The tokenized asset market, valued at $220 million according to data from RWA.xyz tracker, is small in front of the ETF industry, but the BlackRock initiative shows changes towards cryptocurrency integration in traditional financial markets.
