BlackRock Plans Tokenized ETFs to Bridge Traditional Assets and DeFi
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BlackRock explores tokenized ETFs to digitize traditional assets, aiming to bridge DeFi and traditional finance, pending regulatory approval. BlackRock, the world’s largest asset manager, is exploring the tokenization of exchange-traded funds (ETFs) to bring traditional financial assets onto blockchain networks. According to Bloomberg, the company intends to develop on-chain versions of real-world funds, such as […]
The real-world assets (RWAs) are getting substantial attention from institutional investors with their intention to diversify portfolios in the expanding DeFi sector. Beyond the already famous exchange-traded funds, entities are increasingly moving toward investment in top crypto assets like Ethereum and Bitcoin, while additionally producing the latest tokenized products such…
Key Highlights Ondo Finance launches a cross-chain bridge for tokenized stocks and ETFs on Ethereum and BNB Chain. More than 100 tokenized U.S. stocks and ETFs can now move across chains with full 1:1 backing. Over 2,600 apps connected to LayerZero can quickly integrate Ondo’s tokenized stocks and ETFs with…