BlackRock Launches Landmark Tokenized Asset Fund on Ethereum, Boosting Case for Blockchain Finance

BlackRock launched a new tokenized asset fund on the Ethereum blockchain called BUIDL, transforming real-world assets into digital tokens
Tokenized assets could be a multi-trillion dollar opportunity, with huge potential to disrupt finance
BlackRock chose Ethereum due to its dominance in decentralized finance, accounting for 57% of activity
As more tokenized funds launch on Ethereum, it could drive up Ethereum's value significantly
But Ethereum's decentralized nature means its developers must steadily improve it to remain attractive for asset tokenization