Markets
BlackRock is preparing for a massive entry into the RWA market!
Mon May 27, 2024 ▪ 4 min read ▪ by Eddy S.
Real World Assets (RWA) are the new temptation in crypto! But in this digital gold rush, it is a very traditional player who seems to want to win the prize: BlackRock. Yes, the financial giant is preparing to arrive in force on this future market. A massive arrival that could already reshuffle all the cards!
When BlackRock rains millions on RWA
The colossal financial weight of BlackRock is no longer in question. And clearly, the giant asserts all its power on the crypto RWA market! A first giant step has already been caught with no less than $5 million invested last month in Ondo Finance, a crypto benchmark for the tokenization of real assets.
But maybe this is just the beginning! Rumors say that BlackRock aims to inject hundreds of millions into RWA crypto projects, in order to immediately establish itself as the undisputed leader. A titanic show of force that could shake the crypto pioneers of this emerging sector.
Furthermore, as highlighted by Hakim Korso Tlemsani, founder and CEO of Globespoints out:
Tokenization of real-world assets is more than just a trend, as BlackRock’s recent involvement shows. Blockchain has the power to put the user at the center of the game by reducing intermediaries and barriers to entry. From real estate tokenization for a few euros to low-cost seasonal rentals to equity investment for everyone, all sectors are concerned.
Hakim Korso Tlemsani
BlackRock, ready to redefine the crypto rules?
Beyond simple investments, it is the entire credibility of BlackRock that now tips the crypto balance. Because the veteran of traditional finance does not intend to be satisfied with the simple role of crypto investor, however massive it may be. No, the giant aims directly reshaping the emerging RWA market according to its institutional views!
With their aura and several decades of experience, BlackRock teams are interested in strategic partnerships with RWA projects. A way to integrate the rigorous standards of traditional finance into these revolutionary new crypto tools from the start.
Integration of regulatory safeguards, application of robust processes, providing institutional credibility… So many assets for BlackRock to establish a new, more academic and reassuring vision of RWA. An imminent upheaval?
Let the pioneers of the tokenization of real assets prepare, BlackRock is coming to turn everything upside down! With its titanic strike force, its disproportionate ambitions and its historical background, the giant stands out as the future architect of the crypto market. Goodbye to the era of garage experiences, RWAs are now adorned with a new institutional legitimacy. A welcome change for investors, or the loss of decentralized gasoline? The future will tell !
Maximize your Cointribune experience with our “Read to Earn” program! Earn points for every article you read and access exclusive rewards. Sign up now and start earning benefits.
Click here to join “Read to Earn” and turn your passion for crypto into rewards!
Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Basically a crypto community manager, I am interested in everything directly or indirectly related to blockchain and its derivatives. In order to share my experience and raise awareness of a field that fascinates me, there is nothing better than writing articles that are informative and relaxed at the same time.
DISCLAIMER
The views, thoughts and opinions expressed in this article belong solely to the author and should not be considered investment advice. Do your own research before making any investment decisions.