BlackRock ‘leading tokenisation of real-world assets on blockchains’
BlackRock (BLK) is leading the charge in the mass tokenisation of real-world assets on blockchains, according to Zodia Markets Ireland chair Michael Walsh.
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BlackRock (BLK) is leading the charge in the mass tokenisation of real-world assets on blockchains, according to Zodia Markets Ireland chair Michael Walsh.
“BlackRock has already got $16bn in their spot bitcoin ETF and they also have a dollar-denominated US Treasury Fund, which has been tokenised with immediate inflows of almost a billion dollars,” Walsh told Yahoo Finance’s Future Focus this week.
“It has seen huge demand and it gives them a market leading position.”
BlackRock’s use of blockchain technology was given a boost with the approval of their spot bitcoin exchange-traded fund (ETF), called the iShares Bitcoin Trust (IBIT), by the US Securities and Exchange Commission (SEC) in January of this year.
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BlackRock ‘leading tokenisation of real-world assets on blockchains’
Brian McGleenon 14 June 2024·4-min read BlackRock (BLK) is leading the charge in the mass tokenisation of real-world assets on blockchains, according to Zodia Markets Ireland chair Michael Walsh.
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