Posted 3/27/2024, 1:00:12 PM
BlackRock Bets Big on Blockchain, Deploys $100M to Ethereum Amid Growing Institutional Interest in Tokenization
- BlackRock deployed $100M into Ethereum in anticipation of launching a Digital Liquidity Fund
- CEO Larry Fink believes tokenization & ETFs will revolutionize finance
- The tokenization market could reach $10 trillion by 2030 according to some estimates
- BlackRock formed a partnership with Securitize, a tokenization company
- Other major institutions like JPMorgan and Franklin Templeton are also getting involved with blockchain and tokenization
