Tokenized US Treasurys Cross $1B Mark
Experts predict that the trend toward asset tokenization will continue to gain momentum.
Experts predict that the trend toward asset tokenization will continue to gain momentum.
BlackRock takes a big more towards asset tokenization through its SEC filing for the USD Institutional Digital Liquidity Fund.
It appears that crypto may have transitioned from the periphery to the forefront of mainstream investing.
While BlackRock CEO Larry Fink has shown interest in Ethereum by discussing tokenization, Sui Chung, the CEO of CF Benchmarks, believes that a comprehensive educational approach is essential for a deeper understanding.
Larry Fink’s comment reveals BlackRock’s strong interest in crypto following the company’s application for a spot Bitcoin ETF.
BlackRock is set to become the first asset manager to launch a fund that tracks the price of Bitcoin.
According to former banker and BitMex co-founder Arthur Hayes, Bitcoin has a very high chance of becoming the ultimate currency of artificial intelligence.
Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry.
BlackRock and Circle have on top of the funding signed a strategic partnership to market the use of the USDC coin.
Also at the Bitcoin 2022 conference, Thiel referred to Buffett as “the sociopath grandpa of Omaha.” He said Buffett has probably been the most sincere Bitcoin critic.