Bit Digital - Sponsor Image Bit Digital - ETH treasury combining ETH staking with AI compute. Friend & Sponsor Learn more

Why BlackRock’s BUIDL Bet is Bullish

The TradFi Titan's first tokenized fund is a bigger deal than people think.
Why BlackRock’s BUIDL Bet is Bullish
9
0

Subscribe to Bankless or sign in

Modern technology has rapidly reshaped society during the 21st century, but many aspects of our financial system, entrenched in outdated technologies and processes, have fallen behind.

Tokenization presents a paradigm shift for asset ownership and trading, offering a range of benefits compared to TradFi solutions, including enhanced liquidity, improved accessibility, decreased costs, increased transparency, and added composability.

BlackRock CEO Larry Fink had previously acknowledged the benefits of tokenization, stating that he sees tokenized assets as the next generation for markets and last week, and last week, his firm sent shock waves across crypto, unveiling its first tokenized fund issued on a public blockchain!

Abonnez-vous gratuitement pour continuer à lire

  • Soutenez le mouvement Bankless
  • Accès à des milliers d’articles
  • Archive complète des épisodes Bankless
  • Lancez-vous dans des quêtes gratuites sur Airdrop Hunter
  • De l’alpha quotidien dans votre boîte mail

Déjà abonné ? Se connecter


9
0
Jack Inabinet

Written by Jack Inabinet

498 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

No Responses
Rechercher sur Bankless