BlackRock Creates Tokenized Asset Fund, SEC Filing Shows

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BlackRock Creates Tokenized Asset Fund, SEC Filing Shows
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Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

The BlackRock USD Institutional Digital Liquidity Fund was incorporated on the British Virgin Islands and will be launched in partnership with tokenization firm Securitize.exchange-traded fund in January, which amassed over $15 billion of assets under management. The company also filed for a spot etherwith CNBC that BTC and ETH ETFs"are just stepping stones towards tokenization and I really do believe this is where we're going to be going.

The fund also represents a significant milestone for tokenization of real-world assets, a growing sector in the intersection of digital assets and traditional finance that comprises of placing traditional assets on blockchain rails in pursuit of faster settlements and increased efficiency.

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