Analysis: BlackRock, Citigroup and other institutions are pushing RWA tokenization into a practical stage, and Ethereum is still the main platform."
Internet reports that recently BlackRock, MultiBank and other institutions are promoting the RWA (Real World Assets) tokenization project. Among them, BlackRock plans to create a blockchain-based digital ledger technology for its US$150 billion Treasury Trust fund.(DLT) share class to record investors 'shareholding information on the blockchain. Citigroup is exploring digital asset custody, and Franklin Templeton has monetized money market funds on the public blockchain. RedStone co-founder Marcin Kazmierczak pointed out that these developments show that tokenization has transcended theoretical discussions and entered the practical application stage of market leaders. Based on its advantages in ecosystem, developer support and infrastructure, Ethereum is still the main platform for RWA tokenization.
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