tldr; BlackRock, the world’s largest asset manager, plans to tokenize exchange-traded funds (ETFs) following the success of its Bitcoin ETF. The firm aims to use blockchain technology to make ETFs tied to real-world assets (RWAs) like stocks available as tradable tokens, enabling 24/7 global trading. BlackRock has previously launched successful blockchain-based financial products, including a spot Bitcoin ETF and a tokenized money market fund. CEO Larry Fink supports the idea of tokenizing all financial assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
SolanaToTheMooon on
ETH + SOL 📈📈📈📈
thinkingperson on
TOKEN [ ETF [ BTC ] ]
CoolCoolPapaOldSkool on
It’s good news but remember that nothing beats hodling BTC ETH in your own wallets.
Competitive_Swan_755 on
Like putting powdered eggs in a plastic egg shaped shell…..
MariachiArchery on
Mine coins, package the coins in ETFs, tokenize the ETFs, now we are back to coins, package those coins in ETF’s, tokenize the tokenized ETF’s ETF…
Infinite money glitch!
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Explain it to me like I’m five
tldr; BlackRock, the world’s largest asset manager, plans to tokenize exchange-traded funds (ETFs) following the success of its Bitcoin ETF. The firm aims to use blockchain technology to make ETFs tied to real-world assets (RWAs) like stocks available as tradable tokens, enabling 24/7 global trading. BlackRock has previously launched successful blockchain-based financial products, including a spot Bitcoin ETF and a tokenized money market fund. CEO Larry Fink supports the idea of tokenizing all financial assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ETH + SOL 📈📈📈📈
TOKEN [ ETF [ BTC ] ]
It’s good news but remember that nothing beats hodling BTC ETH in your own wallets.
Like putting powdered eggs in a plastic egg shaped shell…..
Mine coins, package the coins in ETFs, tokenize the ETFs, now we are back to coins, package those coins in ETF’s, tokenize the tokenized ETF’s ETF…
Infinite money glitch!