Michele
Tue Jul 09 2024
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7 answers
1735
Why is Blackrock launching RWA tokenization?
Could you elaborate on the reasons behind Blackrock's decision to embark on the tokenization of its real-world assets (RWA) through the issuance of a new token? I'm particularly interested in understanding the potential benefits it hopes to achieve through this initiative. Are there specific challenges in the traditional asset management industry that RWA tokenization aims to address? And how do Blackrock foresee this strategy contributing to the growth and evolution of the cryptocurrency and finance landscape? I'd appreciate a detailed explanation of the motivation and vision behind this move.
