BlackRock to Tokenize ETFs: Shifting Finance Paradigm with Blockchain

BlackRock, a leading asset management firm, is poised to revolutionize the ETF industry by exploring blockchain-based versions of its products. After successful launches of spot Bitcoin ETFs, BlackRock is now focusing on tokenizing traditional ETFs linked to real-world assets like equities and bonds. This move enables fractional ownership, instant settlement, and global access for investors.