<\/p>\n
Bank of America<\/span><\/a> is reportedly seeing growing interest from investors in the <\/span>tokenization<\/span> of real-world assets (RWAs).<\/span><\/p>\n These RWAs include stocks, bonds, bank deposits and real estate, CoinDesk <\/span>reported<\/span><\/a> Friday (Aug. 1), citing Bank of America analysts.<\/span><\/p>\n Investors see opportunities in fractional ownership that broadens access to previously illiquid asset classes, as well as risks of disruption to financial institutions\u2019 transaction services businesses, according to the report.<\/span><\/p>\n At the same time, there\u2019s a growing belief that financial institutions will adapt to the <\/span>growing<\/span> use of blockchain technology, <\/span>per<\/span> the report.<\/span><\/p>\n The <\/span>tokenization<\/span> of <\/span>RWAs<\/span><\/a> is driving an on-chain revolution across capital markets, <\/span>PYMNTS<\/span> reported in April.<\/span><\/p>\n RWAs are tangible or intangible assets that have been tokenized and placed on a blockchain. Tokenization refers to the process of issuing a digital token that represents ownership or a claim on an underlying asset.<\/span><\/p>\n Tokenization of these assets enables organizations and enterprises to <\/span>take advantage of<\/span> automated processes <\/span>on<\/span> various blockchains<\/span>, and the<\/span> tokenization<\/span> of traditionally illiquid assets makes them easier to buy, sell and trade on secondary markets.<\/span><\/p>\n The <\/span>President\u2019s Working Group on Digital Asset Markets<\/span><\/a>\u2019 report \u201c<\/span>Strengthening American Leadership in Digital Financial Technology<\/span><\/a>,\u201d which was released Wednesday (July 30) by the White House, sets expectations for <\/span>digital asset governance<\/span><\/a> while signaling federal alignment on the need to facilitate innovation \u2014 particularly in payments infrastructure and <\/span>tokenized financial instruments<\/span><\/a>.<\/span><\/p>\n When asset manager <\/span>BlackRock<\/span><\/a> unveiled its first <\/span>tokenized fund<\/span><\/a> issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), <\/span>Carlos Domingo<\/span><\/a>, CEO of <\/span>Securitize<\/span><\/a>, BlackRock\u2019s Web3 partner in the fund, said: \u201c<\/span>Tokenization<\/span> of securities could fundamentally transform capital markets. Today\u2019s news demonstrates that traditional financial products are being made more accessible through digitization.\u201d<\/span><\/p>\n Reports <\/span>over<\/span> the last month or so <\/span>said<\/span> that <\/span>JPMorgan<\/span><\/a> is developing a new service to <\/span>tokenize<\/span><\/a> carbon credits, <\/span>Kraken<\/span><\/a> unveiled a platform <\/span>allowing<\/span> retail investors to buy tokenized versions of major U.S. equities, and <\/span>Robinhood<\/span><\/a> announced it <\/span>was<\/span> rolling out tokenized stocks to a select cohort of international users.<\/span><\/p>\n Each of these initiatives moves traditional financial services onto the blockchain, representing a coordinated push by financial giants to tokenize RWAs.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Bank of America is reportedly seeing growing interest from investors in the tokenization of real-world assets (RWAs). These RWAs include stocks, bonds, bank deposits and real estate, CoinDesk reported Friday (Aug. 1), citing Bank of America analysts. Investors see opportunities in fractional ownership that broadens access to previously illiquid asset classes, as well as risks […]<\/p>\n","protected":false},"author":2,"featured_media":400583,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-400582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/400582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=400582"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/400582\/revisions"}],"predecessor-version":[{"id":400585,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/400582\/revisions\/400585"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/400583"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=400582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=400582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=400582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}