BlackRock, a major player in asset management, is making waves in the real-world asset tokenization space by launching a fund on the Ethereum network. This move is part of a broader trend in the industry towards tokenizing real-world assets, with companies like Mattereum and Phygital_Good also involved in innovative initiatives.
Wanna keep up with #RWA and tokenization? ๐ง Get the hot takes from yours truly. ๐ And forreal you HAVE to check out the @WOLF_WebThree space - last week had @leashless from @mattereum, @_bcbread dropping some AI alpha, and @Phygital_Good blowing minds with legal tech. Issaโฆ https://t.co/yroRx6qM2r
๐ Last Week in Tokenization: May 3, 2024 Welcome to our newsletter! Every week we summarize the most important stories in tokenization. Sign up below. From BlackRock fundraises to record-breaking RWA activity...let's explore this week's top stories ๐งต๐ https://t.co/OrtfDpAgLe
The future of โRWAโsโ is triffective: 1) RWAfi: -unlocking inefficient liquidity in real world assets. (Ex: Real Estate; Luxury Goods; Collectibles) 2) IAoc: -Illiquid assets on chain. (Ex: Commodities; Consumer Goods; Credits) 3) Phygitals: -Injecting blockchain,โฆ