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TechFlow, Sept 12 — According to Bloomberg, BlackRock, the world's largest asset manager, is exploring ways to digitize exchange-traded funds (ETFs) by converting them into tokenized forms using blockchain technology. Sources familiar with the matter said the New York-based financial giant is focusing on tokenizing funds linked to real-world assets such as stocks, though regulatory considerations remain a factor for the initiative.
According to Bloomberg, BlackRock, the world's largest asset management firm, is exploring how to digitize exchange-traded funds (ETFs) by converting ETFs into tokenized forms using blockchain technology. Sources familiar with the matter said the New York-based financial giant is focusing on tokenizing funds linked to real-world assets such as stocks, though regulatory considerations remain a factor in the plan.
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