BlackRock Enters Asset Tokenization Race with New Fund on the Ethereum Network
The asset management giant also made a strategic investment in asset tokenization company Securitize.
The asset management giant also made a strategic investment in asset tokenization company Securitize.
GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.