BlackRock Invests in Tokenizing ETFs: The Next Evolution of Finance?

BlackRock, the world’s leading asset manager, is exploring the possibility of tokenizing exchange-traded funds (ETFs) on blockchain technology. This move follows the success of its Bitcoin spot ETFs and could revolutionize financial markets. According to sources familiar with the discussions, BlackRock is considering using tokenization to give exposure to real-world assets (RWAs). The potential for tokenized ETFs lies in their ability to trade outside standard market hours and serve as collateral for DeFi applications.