Blackrock is investigating how to bring exchange -dealing funds (ETFS) At public blockchains, people who are familiar with the case told Bloomberg. The sources said Asset Manager weighs tokenization of funds linked to assets in the real world, such as shares, although any rollout depends on regulatory approval.
The discussions follow Blackrock’s first experiment with tokenization last year. The company introduced Blackrock USD Institutional Digital Liquidity Fund, also known as Buidl. The fund, supported by short -term US treasuries, repurchase agreements and cash, has quickly grown into the world’s largest tokenized state -box product and controls almost $ 2.2 billion.
Tokenization of ETFs would represent a deeper step in blockchain-based financial products. In practice, this would mean that shares of the funds – traditionally traded on stock exchanges during the market time – could be issued and implemented as tokens on the chain.
Supporters claim that this shift could provide clear benefits. A tokenized ETF could be traded around the clock instead of only during the exchange time. Settlement, which often takes two working days in traditional funding, could be completed within minutes. Investors in markets where ETFs are not easily accessible can get exposure through blockchain rails.
The products are pending a green light from regulators, the people said. Blackrock’s investigation emphasizes a broader trend across financing as banks, fintechs and asset leaders test blockchain rails for bonds, private credit and now mainstream equity funds.
