US EditionBitcoin, S&P 500 ETFs On Blockchain? BlackRock Reportedly Eyes Tokenization Of Its Big-Ticket Funds - BlackRock (NYSE:BLK)
BlackRock aims to digitize and fractionalize ETFs to enable continuous trading and broaden global investor access through blockchain technology, leveraging its $2 billion tokenized money market fund experience.
- Bloomberg says BlackRock Inc., New York-based asset manager, is exploring tokenizing exchange-traded funds, with plans still in early discussions and needing regulator approval.
- After strong investor demand for its Bitcoin product, BlackRock's BUIDL has grown to about $2.2 billion since its debut last year, building momentum for tokenization efforts.
- With BUIDL operating across multiple chains, the $2.2 billion fund, launched on Ethereum, is now accessible on seven blockchains, enabling near-instant settlement.
- If adopted, tokenized ETFs could enable extended trading hours benefiting international investors and boost liquidity through DeFi platforms, though reconciling blockchain with clearinghouses poses infrastructure challenges.
- Exchanges and platforms are already preparing, with Nasdaq Inc. filing to allow tokenized stocks, while Coinbase, Kraken and Robinhood are expanding offerings, potentially reshaping international capital flows.
28 Articles
28 Articles
Bitcoin, S&P 500 ETFs On Blockchain? BlackRock Reportedly Eyes Tokenization Of Its Big-Ticket Funds - BlackRock (NYSE:BLK)
BlackRock Inc. (NYSE:BLK), the world’s largest asset manager, is reportedly exploring ways to tokenize its exchange-traded funds, the latest in a broader Wall Street effort to bring real-world assets onto blockchains. BLK is showing upward movement. Review the technical setup here. ETFs To Be Available 24×7? The move would be subject to regulatory approval, Bloomberg reported, citing sources familiar with the matter. Put simply, this would mean …
BlackRock explores tokenized ETFs to bring TradFi on-chain - The Cryptocurrency Post
BlackRock is exploring the tokenization of ETFs to enable 24/7 trading, DeFi composability, and on-chain settlement. This initiative could impact asset managers, custodians, and market regulators. The stated objective is to make markets more accessible and efficient for investors. Context and Impact BlackRock’s interest in tokenized ETFs arises amid the growth of asset tokenization. Companies like Ondo Finance have already launched over one hund…
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