Core Insights - BlackRock is exploring the conversion of its exchange-traded fund shares into blockchain-based tokens to enhance accessibility and mobility of its asset offerings [1] - The initiative builds on BlackRock's previous success with a tokenized money market fund that raised over two billion dollars [2] - Tokenized ETFs could enable trading beyond regular market hours and facilitate easier access for international investors [3] Group 1 - BlackRock has initiated testing of blockchain systems using JPMorgan's Kinexys platform to settle trades while integrating with traditional clearing systems [4] - The company faces challenges in aligning blockchain trading mechanics with existing Wall Street systems and ensuring compliance with current regulations [5] - BlackRock's efforts are part of a broader trend, with Nasdaq and other financial institutions also exploring tokenized financial products [6] Group 2 - CEO Larry Fink envisions a future where tokenization could impact nearly all financial assets, advocating for digital versions of traditional investments [7] - The potential success of tokenized ETFs could accelerate trade settlement processes and increase market flexibility for investors currently restricted from certain markets [8]

Group 1 - BlackRock is exploring the digitization of its investment products, specifically focusing on tokenizing exchange-traded funds (ETFs) for blockchain trading [1] - The company launched a tokenized money market fund named BUIDL in 2024, which has surpassed $2 billion in size and gained popularity on cryptocurrency platforms [1] - Tokenization allows for trading outside of traditional Wall Street hours, making U.S. products more accessible internationally and creating new collateral uses for crypto networks [1][2] Group 2 - BlackRock is actively supporting digital assets and has tested tokenized fund shares on JPMorgan's Onyx infrastructure, positioning itself as an early adopter of digital settlement models [2] - The transition to tokenized assets faces challenges, including the need for regulatory clarity and integration with existing clearing systems [2] - The current market size for tokenized assets is approximately $28 billion, while the U.S. ETF industry is valued in the trillions, indicating significant potential for growth in this area [3]

The world's largest asset manager BlackRock (NYSE: BLK) is planning to tokenize exchange-traded funds (ETFs) following the success of its Bitcoin ETF, Bloomberg reported on Sep. 11. Sources familiar with the matter told the publication that the Wall Street giant is exploring ways to make ETFs available as tokens on a blockchain. The firm is working toward tokenizing ETFs tied to real-world assets (RWAs) like stocks. Related: What is tokenization? Explained In simple words, tokenization refers to the proc ...

Group 1 - BlackRock is exploring the tokenization of exchange-traded funds (ETFs) linked to real-world assets, considering regulatory implications [1] - The company previously launched a tokenized money-market fund, BUIDL, which has surpassed $2 billion in assets [2] - Tokenization could enable trading outside traditional hours, enhance international access, and allow shares to be used as collateral in crypto networks [3] Group 2 - The financial industry is gaining momentum in tokenization, with firms like Franklin Templeton issuing tokenized share classes [4] - BlackRock has tested tokenized fund shares on JPMorgan's Onyx blockchain and believes all financial assets can be tokenized [4] - Tokenization could potentially tap into the $400 trillion traditional finance market, as stated by BlackRock's CEO [5] Group 3 - The tokenized real-world asset (RWA) market reached an all-time high of $26.5 billion in 2025, marking a 70% increase since the year's start [6] - The tokenized RWA market is projected to reach $16 trillion by 2030, with U.S. Treasuries expected to lead growth [7] - Tokenized U.S. Treasuries are anticipated to reach $4.2 billion this year, with both traditional banks and blockchain firms exploring RWA products [7]

Core Insights - BlackRock is exploring the tokenization of exchange-traded fund (ETF) shares to expand its digital asset infrastructure beyond traditional markets [1][2] - The initiative is part of a broader strategy that includes a $2.2 billion tokenized money-market fund launched in March 2024 and follows the introduction of its Bitcoin ETF [2][3] - CEO Larry Fink has emphasized that all financial assets can be tokenized, which would allow for trading outside standard hours and improve international access to US products [3] Regulatory and Market Context - BlackRock has tested tokenized fund shares using JPMorgan's Kinexys infrastructure, positioning itself as an early adopter of digital settlement models [4] - The tokenized money-market funds, excluding private credit, represent the largest category of real-world assets (RWA) with a market cap of $7.4 billion as of September 11 [4] - The evolution of regulatory frameworks is crucial as exchanges like Nasdaq are also moving towards trading tokenized stocks and ETFs [3][4] Challenges and Opportunities - Current challenges include reconciling ETF settlement through traditional Wall Street clearinghouses with the instant trading capabilities of blockchain [6] - The exploration of tokenized ETFs reflects a broader evaluation of blockchain technology in mainstream finance, aiming to enhance market infrastructure and improve collateral flows [7] - The combination of BlackRock's digital asset advocacy and regulatory shifts positions tokenized ETFs as a bridge between traditional and decentralized finance systems [7]

Core Insights - The SEC has extended the decision deadlines for Franklin Templeton's Solana and XRP ETF proposals to November 14 and BlackRock's iShares Ethereum Trust staking amendment to October 30, indicating a need for more time to consider these proposals [1][2] - Despite the delays, analysts project a high probability of approval for Solana and XRP ETFs this year, with prediction markets showing a 99% approval chance for Solana [2][3] Regulatory Context - Franklin's ETF filings for Ethereum, Solana, and XRP were submitted in mid-March, while BlackRock's amendment was filed on July 16, with the extensions being a standard regulatory procedure under Section 19(b) of the Securities Exchange Act [2] - As of August 29, there are 92 crypto ETF applications awaiting SEC review, contributing to a growing backlog [3] Strategic Developments - Delays are attributed to SEC coordination with Cboe and NYSE regarding generic listing standards, which would allow automatic crypto ETF listings without individual regulatory reviews [4] - The anticipated approval of generic listing standards in early October could lead to a surge in ETF launches, streamlining the process for multiple products [5] Market Sentiment - The SEC's current leadership shows openness to working with issuers, particularly regarding ETH staking integration, which may facilitate smoother processes for future proposals [6]

Tokenization Initiatives - BlackRock is working on tokenizing funds tied to real-world assets [1] - Bloomberg reported BlackRock's tokenization efforts [1]

Core Insights - BlackRock is exploring the potential of bringing exchange-traded funds (ETFs) onto public blockchains, focusing on tokenizing funds linked to real-world assets like stocks, contingent on regulatory approval [1][5] - The firm previously launched the BlackRock USD Institutional Digital Liquidity Fund, which has become the largest tokenized Treasury product, managing nearly $2.2 billion [2] - Tokenizing ETFs would allow for trading around the clock and faster settlement times, enhancing accessibility for investors [3][4] Group 1 - BlackRock is considering the tokenization of ETFs, which would involve issuing and transacting fund shares as tokens on a blockchain [3] - The exploration of tokenized ETFs aligns with a broader trend in finance, where various financial institutions are testing blockchain applications for different asset classes [5] Group 2 - The BlackRock USD Institutional Digital Liquidity Fund, known as BUIDL, is backed by short-term U.S. Treasuries and has quickly grown to manage nearly $2.2 billion [2] - Proponents of tokenized ETFs argue that they could provide significant benefits, including 24/7 trading and quicker settlement times compared to traditional finance [4]

BREAKING: 🇺🇸 BLACKROCK TO TOKENIZE REAL-WORLD ASSETS & STOCKS ON BLOCKCHAIN https://t.co/EWPIbxnbGk ...

Blockchain & Tokenization - BlackRock plans to tokenize ETFs and integrate them onto the blockchain [1]