Bagelization is the second week of September. David downtember is continuing I think on the week. Actually, this is more like flat flat timber. >> Flattber. Flattember. Yeah, >> down timber is ahead of us. >> Yeah, still we've got some more days left in the month. I guess things could be this. This is why people are wondering is the bull market over? I actually saw Anom tweet this over the weekend. He was like, I'm feeling like it's over. >> Why do people even bother asking that question? I don't know. >> I ...

Core Insights - BlackRock is planning to tokenize its top-performing ETFs, marking a significant step in the integration of traditional finance with digital assets [1][4][7] Group 1: Tokenization Initiative - The initiative aims to convert ETFs with exposure to equities and bonds into blockchain-based tokens, enabling 24/7 trading and fractional ownership [2][3] - Tokenized ETFs could feature programmable elements like automated dividend distribution and enhance global access beyond traditional market hours [3][7] Group 2: Market Context and Competition - The move aligns with a broader trend on Wall Street exploring tokenization as the next frontier in financial markets, with other financial giants like Goldman Sachs and JPMorgan also testing tokenization [4][5] - BlackRock's existing presence in blockchain finance includes the USD Institutional Digital Liquidity Fund (BUIDL), the largest tokenized money market fund managing over $2.2 billion [6][7] Group 3: Leadership Perspective - CEO Larry Fink has emphasized the inevitability of tokenization, suggesting that "every financial asset can be tokenized" to enhance efficiency and reduce costs [8]

Asset Tokenization & Market Size - Fidelity's Ethereum上的代币化货币市场基金规模超过 2 亿美元 [1] - Fidelity 是一家管理约 6.4 万亿美元资产的私营公司 [1] - 资产代币化的潜在市场规模 (SAM) 比许多人意识到的要大 [1] Ethereum Ecosystem - Ethereum 上的应用程序托管约 3400 亿美元的用户资产 [1] - Ethereum 在应用生态系统方面领先第二大应用生态系统约 2600 亿美元 [1] Market Liquidity - 在金融市场中，流动性产生流动性 [2]

Group 1 - BlackRock Inc. is exploring the tokenization of its exchange-traded funds (ETFs), aligning with a broader trend in Wall Street to integrate real-world assets onto blockchains [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 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 [3] Group 2 - BlackRock previously launched the BlackRock USD Institutional Digital Liquidity Fund, which allows qualified investors to earn U.S. dollar yields, marking its initial venture into tokenization [3][4] - The fund, initially launched on Ethereum, is now accessible on seven blockchains and has a market valuation exceeding $2 billion [4] - Nasdaq has filed with the SEC to allow trading of tokenized stocks, which will provide holders the same rights and benefits as traditional shares [4][5] Group 3 - Robinhood Markets has also launched tokenized stocks in Europe, including shares from notable private companies like OpenAI and SpaceX [5] - BlackRock shares closed 2.84% higher at $1,134.18, with a year-to-date gain of over 10% [5] - The stock currently shows a moderately high Momentum score but lags in the Value metric [6]

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]

DeFi Protocol Ondo Finance's Token Soars Amid Tokenization Hype► https://t.co/bg4NhEmoEf https://t.co/bg4NhEmoEf ...

Core Insights - Ondo Finance's token is experiencing significant gains, driven by a bullish crypto market and BlackRock's plans for exchange-traded funds on public blockchains [1][2] - The token has risen nearly 10% to $1.10, with over 21% gains this week, following the launch of tokenized versions of over 100 U.S.-listed stocks and ETFs on Ethereum [2] - The total value locked (TVL) in Ondo Finance has nearly tripled since the start of 2025, increasing from $611 million to $1.57 billion, indicating strong early traction for the project [3] Market Dynamics - The broader crypto market's positive sentiment is influenced by the potential for a Federal Reserve rate cut [1] - Ondo Finance's recent partnerships and advisory board, including WisdomTree, have contributed to a growth of $160 million in TVL over nine days [2] Long-term Outlook - Analysts suggest a bullish long-term outlook for Ondo Finance, with the potential to capture 10% of the stock market, leading to substantial fee generation for token holders [3] - The project's regulatory advantages, supported by its advisory board, are expected to provide a durable competitive edge [3]

RWA sznBNB Chain (@BNBCHAIN):RWAs are moving onchain faster than ever. Billions in Treasuries, credit, metals & more are already trading across blockchains.So where is tokenization going from pilots to production?Let’s look at the RWA landscape on BNB Chain 🧵👇 https://t.co/QNwl0HPhe6 ...

RT shek (@shek_dev)there is only one chain that is well positioned to be the epicentre of global finance as everything tokenizessolana ...

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]