8 hours ago

BlackRock Explores Tokenizing ETFs as JPMorgan Highlights Industry Shift

TLDR BlackRock is exploring the possibility of tokenizing exchange-traded funds (ETFs) to tap into blockchain opportunities. The tokenization of ETFs could allow for extended trading hours and increased use in decentralized finance (DeFi). BlackRock already manages the world’s largest tokenized money market fund, valued at $2.2 billion. JPMorgan has recognized the potential of tokenization to [...]

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