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🧵 Tokenization: Transforming Finance with Securitize In an interview with @tanayamacheel from @CNBC Crypto World, @carlosdomingo, Securitize Co-founder & CEO, shared insights into BlackRock’s tokenized BUIDL fund, its blockchain expansion, and the outlook for tokenization in a… https://t.co/zsWnhwBB7A
Tokenization Insight: tokenized US Treasuries and MMFs will be the foundational money layer in a tokenized financial future. That is 10s of TRILLIONS of assets and capital coming onchain. https://t.co/jC02jWxDT2
Larry Fink wants to tokenize every financial asset Guess you’ll need $LINK https://t.co/oXSTUbcQmg
Larry Fink, CEO of BlackRock, emphasized the transformative potential of tokenization for financial assets, stating that it will revolutionize finance by assigning unique identifiers to every stock and bond on a unified ledger. This innovation aims to enhance investor experience by providing personalized IDs for instantaneous settlement and addressing issues related to illicit activities. The concept of tokenization is expected to play a crucial role in the future of finance, particularly with tokenized U.S. Treasuries and money market funds projected to form a foundational layer in a tokenized financial ecosystem, representing trillions of dollars in assets. Insights into BlackRock's initiatives in this area were also discussed by Securitize Co-founder Carlos Domingo in a recent interview.