Blackrock is discussing releasing their own RWA backed Crypto Coin

Why this action by Blackrock important?

Starting last Spring Blackrock started hinting at entering the Real World Asset (RWA) realm via Cryptos, check this Forbes article.  Via their partnership with Securitize they are working towards taking traditional financial products and making them more accessible through digitization.  Digitization will be applied to Blockchains or course, Bonds, Equities, and Real Estate.  This can involve fractional ownership, enhance market liquidity and accessibility, enabling fractional ownership and bringing a new level of fluidity and flexibility to real estate investment.

The overall arching goal of such an endeavor is...

to solve problems, and not just driving adoption — it’s the institutionalization of tokenized finance. The ripple effects would be massive across the globe.

Regulatory Oversight

Security tokens represent ownership or an interest in real-world assets and are subject to regulatory oversight.  With the new US Regulatory stance this space will be very interesting space to monitor

Real World Asset REAL UP Dubai Summit? 

Wonder how many Blackrock attendees are currently attending? Recall it started on April 30th. This event is limited to 40-people and restricted to invite only. I have not been able to find Blackrock listed as a host, co-host or sponsor, interesting!

Summary

This could forever change the Crypto domain bringing transparency to all transactions, Bonds, Equities, Real Estate.  By unlocking hidden value in RWA it will be exciting to monitor the progress of fractional ownership and see how transformative this is. 

Credits:

          BLOG image - RWA - captainaltcoin.com = ALL RIGHTS Remain

          BLOG image - Blackrock - unboxedmagazine.com = ALL RIGHTS Remain