Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
BlackRock has unveiled a $100 million asset fund on the Ethereum platform, leading to a rise in real-world asset (RWA) tokenization. Major banks like Citi are also exploring blockchain technology for tokenizing private equity funds. Larry Fink, BlackRock's CEO, emphasized the future of markets in tokenization, with institutions showing a strong interest in this trend. The sector of Real World Asset tokenization has seen significant growth, with BlackRock's ETF gaining 1312.6% in the first quarter of 2024, making it the second most profitable sector.
Whilst #tokenization is not new it has been making headlines in 2024. Institutions WANT tokenization. Larry Fink, the CEO of @Blackrock, has been talking about it for a long time and google trends agress - check out the chart below to see the surge in interest for #tokenization! https://t.co/EaxmdIxAOI
Join us for a deep dive into the future of asset tokenization at 3.30PM CET! 🎙️https://t.co/eJI6byuga1🎙️ Get to grips with #RWA’s today with this stellar line up of industry experts! 👇 @k_daniel7712 @Anton_Golub @perdemss @TheCryptoData @Rentality_Info @imastephen_… https://t.co/smlNEclt26
In the first quarter of 2024, there was a notable increase in Real World Asset tokenization, as reported by @coingecko. This sector became the second most profitable, boosted by @BlackRock ETF with an impressive gain of 1312.6%, trailing only memecoins. https://t.co/xJVk7Smvrr
