[Brief] BlackRock Deepens Tokenization Push with New Onchain Funds
The world’s largest asset manager files to expand its tokenized fund lineup as real-world asset tokenization grows 200% year over year.
The world’s largest asset manager files to expand its tokenized fund lineup as real-world asset tokenization grows 200% year over year.
Ripple, JPMorgan Use XRP Ledger for Tokenized Treasury Transfer Ripple and JPMorgan jointly executed a cross-border transfer of a tokenized Treasurys fund on the XRP Ledger, representing an example of crypto firms and Wall Street institutions exploring 24/7 settlement systems.
Synthetic Stock Token Risk Warning NYSE tokenization partners warned that offshore synthetic stock tokens may not represent underlying equity, use company names without approval, and exploit regulatory arbitrage to mislead retail traders.
O’Leary Warns Tokenization Needs Regulatory Framework “Shark Tank” investor Kevin O’Leary said Wall Street’s current tokenization boom lacks a clear crypto regulatory framework, and institutional investors still view it as too risky. He noted that widespread institutional adoption cannot happen until the US establishes clear cryptocurrency compliance standards.
Financial experts at Consensus Miami warned that traditional systems may not meet demands of tokenized, always-on trading.
State Street, one of the world largest custodian banks, partners with Galaxy to launch a tokenized fund enabling institutions to manage cash around the clock using stablecoins