BlackRock Invests in Blockchain Tokenization for ETFs and Real-World Assets

BlackRock is exploring the use of blockchain technology to tokenize exchange-traded funds (ETFs) and real-world assets, with a focus on expanding institutional participation in decentralized finance. The company’s initiative involves leveraging blockchain to improve market accessibility and trading hours for tokenized ETFs. Robert Mitchnick, head of BlackRock’s crypto division, is leading the project. initiatives include using blockchain for more efficient asset allocation with increased access. One example of this is BUIDL Fund, which showcases Blackrock’s commitment to this technology.