BlackRock's Tokenized Fund: Legitimacy for Ethereu

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Golden Finance recently reported that BlackRock, the world’s largest asset management company, plans to launch a tokenized fund, which will bring legitimacy to public smart contract chains such as Ethereum. It is reported that BlackRock launched a tokenized private equity fund called BUIDL earlier this month. This move further deepened its layout in the digital asset field after it launched a spot Bitcoin ETF.

Bernstein analysts believe that BlackRock’s tokenization fund will help increase market confidence in blockchain technologies such as DeFi and BRC-20. The market is optimistic about this move, and it is expected that BlackRock’s tokenized fund will bring more opportunities and development space to the digital asset market.

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