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BlackRock Enters Asset Tokenization Race with New Fund on the Ethereum Network

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Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

Asset management giant BlackRock officially unveiled its tokenized asset fund on the Ethereum network on Wednesday.

Securitize will act as a transfer agent and tokenization platform, while BNY Mellon is the custodian of the fund's assets, BlackRock said. Anchorage Digital Bank NA, BitGo, Coinbase, and Fireblocks also participate in the fund's ecosystem.

 

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