Mike Novogratz, one of the pioneers of innovation in the financial world, reiterated his views that the tokenization of real world beings will rapidly take place in the sector. The fact that assets under the BUIDL fund directed by Blackrock exceed $ 1 billion is considered as a concrete indicator of this movement.
Future of Tokinization
Novogratz states that transparency, productivity and security will be provided by using blockchain technology in traditional financial markets. According to him, the idea that everything that is possible to token will be moved to blockchaine over time can bring an important transformation in the sector.
Mike Novogratz: “Blockchain technology will strengthen the financial infrastructure and offer new solutions.”
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This view coincides with the efforts of financial institutions to increase liquidity and accelerate processing processes. The developing Blockchain infrastructure paves the way for the token -to -to -token assets by the wider masses.
Blackrock and BUIDL
Blackrock’s BUIDL Fund was launched in March 2024 in cooperation with Securitized. Fund, Ethereum $1,900.00 The ERC-20 Token standard, which is located on its network, works and provides investment in products based on US treasury bonds and repurchase agreements. In addition, the use of Frax Finance Stablecoin as BUIDL reserves was a factor supporting the increase in demand for tokenized financial products.
Larry Fink adopted a similar approach and urged the US Securities and the Stock Exchange Commission to take a step towards toketing bonds and stocks.
Larry Fink: “Tokenization approval can contribute to the acceleration of financial innovations.”
Ripple 
$2.33 Other major financial institutions, such as Blockchain -based solutions, are directed to tokenized asset management. The launch of the Tokenized Money Market Fund and the Rlusd Stablecoin on the XRP Ledger indicate that this trend is accelerated.
In summary, the adoption of blockchain technology in the sector and the increase in tokenization projects pave the way for the modernization of financial infrastructure. Related developments are in parallel with the objectives of facilitating the processing processes of the institutions and taking more effectively in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
