Workflow
Bitcoin, S&P 500 ETFs On Blockchain? BlackRock Reportedly Eyes Tokenization Of Its Big-Ticket Funds - BlackRock (NYSE:BLK)
BlackRockBlackRock(US:BLK) Benzingaยท2025-09-12 08:51

Core Insights - BlackRock Inc., the world's largest asset manager, is exploring the tokenization of its exchange-traded funds (ETFs) as part of a broader initiative on Wall Street to integrate real-world assets with blockchain technology [1][2] - The tokenization would allow fund shares, typically traded during market hours, to be issued as tokens on the blockchain, pending regulatory approval [2] - BlackRock has previously ventured into tokenization with the launch of the BlackRock USD Institutional Digital Liquidity Fund, which has a market valuation exceeding $2 billion [3][4] Group 1 - BlackRock is considering making its ETFs available for trading 24/7 through tokenization on blockchain platforms [2] - The company offers various ETFs under the iShares brand, including the iShares MSCI Emerging Markets ETF, iShares Bitcoin Trust ETF, and iShares Core S&P 500 ETF [2] - The BlackRock USD Institutional Digital Liquidity Fund was initially launched on Ethereum and is now accessible on seven blockchains [4] Group 2 - Nasdaq has filed with the SEC to allow trading of tokenized stocks, which will provide holders with the same rights as traditional shares [4] - Robinhood Markets has also launched tokenized stocks in Europe, including shares from companies like OpenAI and SpaceX [5] - BlackRock's stock closed 2.84% higher at $1,134.18, with a year-to-date gain of over 10% [5]