BlackRock’s $60B Bitcoin ETF Success Sparks RWA Boom
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BlackRock, the American front-running asset management company with over $16 trillion under their umbrella, is looking to tokenize exchange-traded funds (ETFs) on-chain. This was disclosed in a fresh report by Reuters, as people familiar with the matter explained BlackRock’s Real World Asset (RWA) tokenization push. BlackRock To Unlock 24/7 Trading For BTC & RWA ETFs This includes traditional stocks, real estate, and digital-asset based ETFs, which could be traded outside the normal business hours if implemented on the blockchain. Simply put, tokenization is a process of making a digital version that mirrors a traditional asset. According to BlackRock’s CEO
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3d ago•
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