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BlackRock Plans $2T Real-World Asset Boom with the Tokenization of ETFs

BlackRock, the world’s largest asset manager, is exploring how to bring one of Wall Street’s most popular investment vehicles into the blockchain era. According to a Bloomberg report, the New York-based firm is weighing how to tokenize exchange-traded funds (ETFs) tied to real-world assets such as stocks, subject to regulatory considerations. The move follows BlackRock’s earlier ventures into digital assets. In 2024, the company launched its tokenized money-market fund BUIDL, which has grown to more than ...