TechFlow reports that on February 11, Matt Hougan, Chief Investment Officer at Bitwise, revealed BlackRock is in discussions with the U.S. Securities and Exchange Commission (SEC) regarding tokenizing its iShares ETF products. Martin Small, BlackRock’s Chief Financial Officer, stated he could not confirm whether this process would be completed within 90 days or 12 months. Hougan commented that this development could become one of the key narratives driving the market out of a bearish phase and noted it would be highly beneficial for Layer-1 blockchains and decentralized finance (DeFi).
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