Is BlackRock launching a tokenization fund?

BlackRock is launching a private equity fund with financial services company Securitize. This is documented in a document filed with the SEC. The filing does not specify what assets the fund will hold. However, the partnership with the tokenization company Securitize suggests a connection to the tokenization of real world assets (RWA) on Ethereum.

A USDC transaction worth USD 100 million related to Securitize Deployer is fueling additional speculation. For BlackRock CEO Larry Fink, the Bitcoin Spot ETF is "just a stepping stone on the road to tokenization," as he explained in an interview with CNBC.

An initiative by the Association of German Banks also sees huge potential in tokenization. As one of the world's leading industrial regions, Europe should not miss out on this trend, says Tobias Tenner, Head of Digitalization at the Association of German Banks, in an interview with BTC-ECHO.

"Tokenization is gaining importance in more and more areas: in the virtual worlds of the metaverse, in payment methods, in investing in assets and in automating processes in our daily lives," says the digitalization expert.

But if it is up to the Bank for International Settlements (BIS), security tokenizations are unlikely to occur on public blockchains such as Ethereum in the future.