At the recent DAC 2024 conference, BlackRock highlighted the rapid adoption of digital assets, asserting that it is outpacing previous technological revolutions. The firm emphasized tokenization as a crucial factor in this growth. Ripple noted that blockchain technology is transforming finance, particularly through real-world asset (RWA) tokenization and cross-border payments, while advocating for clearer regulations to support innovation. Fidelity has announced plans to launch a money market fund that may utilize blockchain technology, marking a significant step in asset management's exploration of tokenization. This follows similar moves by other investment giants, including Franklin Templeton and WisdomTree. Additionally, the tokenization of bonds and real estate is gaining traction, with State Street Global Advisors predicting that bonds will be tokenized soon, while real estate tokenization may take longer. The RWA sector remains resilient despite market fluctuations, with Franklin Templeton recently launching tokenized assets on the Aptos blockchain and Kin Capital introducing a $100 million tokenized real estate fund.