BlackRock Launches $100M Ethereum Fund to Bring Tokenized Assets Mainstream
• BlackRock has launched a new $100M tokenized asset fund on the Ethereum blockchain, allowing institutional investors to earn yield on stable assets
• Tokenized assets could be a multi-trillion dollar opportunity as they provide advantages like transparency, liquidity, and fast settlement
• BlackRock chose Ethereum because it dominates decentralized finance, accounting for 57% of activity - showing its leadership
• As more funds launch tokenized assets on Ethereum, its total value locked could surge, potentially adding billions to its market cap
• If Ethereum maintains its dominance in tokenized assets, its valuation could soar as this megatrend takes off - but competition does remain a risk