BlackRock has filed with the U.S. SEC to launch two new tokenized Treasury reserve funds and introduce blockchain-based share classes. With roughly $14 trillion in assets under management, the world’s largest asset manager is signaling deeper institutional adoption of real-world asset (RWA) tokenization as the tokenized RWA market surpasses $30 billion. Supporters say the sector has expanded about tenfold over the past two years, underscoring how quickly blockchain-based finance is moving into traditional markets.a16zCryptoSaysRWATops$30B
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