Markets
BlackRock is preparing for a massive entry into the RWA market!
Mon 27 May 2024 ▪ 4 minute read ▪ by Eddy S.
Real World Assets (RWA) are the new temptation of cryptocurrencies! But in this digital gold rush, it’s one very traditional player that seems to be taking the prize: BlackRock. Well yes, the financial giant is preparing to arrive in force on this future market. An impressive arrival that could already shuffle all the cards!
When BlackRock rains millions on RWAs
BlackRock’s colossal financial clout is no longer in question. And evidently the giant is asserting all its power on the RWA crypto market! A giant first step it has already been taken with a good 5 million dollars invested last month at Ondo Finance, a crypto reference for the tokenization of real assets.
But this could just be the beginning! It is rumored that BlackRock aims to inject hundreds of millions into RWA’s crypto projects, to immediately establish itself as the undisputed leader. A titanic show of strength that could shake the crypto pioneers of this emerging sector.
Furthermore, as Hakim Korso Tlemsani, founder and CEO of Globespoints out:
Tokenization of real-world assets is much more than just a trend, as demonstrated by BlackRock’s recent involvement. Blockchain has the power to put the user at the center of the game by reducing intermediaries and barriers to entry. From tokenizing real estate for a few euros to low-cost vacation rentals to stock investing for all, all sectors are affected.
Hakim Korso Tlemsani
BlackRock, ready to redefine the rules of cryptocurrency?
Beyond simple investments, it is BlackRock’s entire credibility that tips the balance of cryptocurrencies. Because the veteran of traditional finance does not intend to settle for the simple role of cryptocurrency investor, however massive it may be. No, the giant heads straight reshape the emerging RWA market according to his institutional visions!
Armed with their aura and 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 new and revolutionary cryptographic tools right from the start.
Integration of regulatory guarantees, application of solid processes, strengthening of institutional credibility… Many resources for BlackRock to establish a new, more academic and reassuring vision of RWAs. A looming upheaval?
Let the pioneers of real asset tokenization get ready, BlackRock is coming to shake everything up! With its titanic strike force, its boundless ambitions and its historical baggage, the giant positions itself as the future architect of the cryptocurrency market. Goodbye to the era of garage experiments, RWAs are now endowed with a new institutional legitimacy. A welcome change for investors, or the loss of the decentralized essence? The future will tell!
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Eddy S.
The world has evolved and adaptation is the best weapon to survive in this wavering universe. The crypto community manager at the base interests me in everything that touches or comes close to the blockchain and its derivatives. With a view to sharing my experience and learning about a domain that I am passionate about, I write informative and detailed articles a la fois.
DISCLAIMER
The views, thoughts and opinions expressed in this article are solely those of the author and should not be relied upon as investment advice. Do your research before making any investment decisions.