BlackRock Explores Tokenized ETFs on Blockchain for Broader Access
- BlackRock is considering tokenizing exchange-traded funds (ETFs) linked to real-world assets, pending regulatory approval.
- The firm’s previous tokenization effort, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), has grown to manage nearly $2.2 billion.
- Tokenized ETFs could allow for trading around the clock and faster settlement times compared to traditional finance.
- This initiative reflects a broader trend as financial institutions explore blockchain applications for various asset classes.
BlackRock’s potential move into ETFs on public blockchains signifies a shift in how these financial products may be structured and traded, enhancing accessibility and efficiency for investors globally.
The exploration of tokenized ETFs follows BlackRock’s successful management of BUIDL, which is now the largest tokenized Treasury product at $2.2 billion.(Source)
