BlackRock is exploring the tokenization of traditional assets such as ETFs through blockchain

According to Bloomberg, BlackRock is exploring how to tokenize traditional assets like ETFs through blockchain technology, aiming to enable 24/7 trading, improve overseas accessibility, and provide new types of collateral for crypto networks. Previously, BlackRock launched BUIDL, a tokenized money market fund with over $2 billion in assets, and has been testing related products on platforms like JPMorgan.