BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
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“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
BlackRock Inc (NYSE: BLK) is the world’s largest asset manager with $10 trillion in assets under management (AUM). Now, the … Continue reading
The post Massive adoption alert: $10 trillion BlackRock to launch tokenization fund appeared first on Finbold.
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
Dubai (Christoph Schulz/Unsplash)
In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain.
Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions.
Aptos is the latest chain to offer users access to Ondo’s USDY.
(Jp Valery/Unsplash)
“Tokenization” — the biggest buzzword in crypto markets currently — means not just bringing new digital assets on-chains, but, in the future, originating and settling them on-chain as well.
Dave Hendricks argues tokenizing real world assets, like his attempt launching security tokens, is harder to pull off technically and legally than the hype would suggest. (Ali Kokab/Unsplash, cropped)