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Web3 - First Web3 integrations with Blackrock and the RWA trend - https://lnkd.in/dAHukWZP Blackrock headquarters and real-world tokenized assets with people tradingproperty The Real-World Assets (RWA) trend has emerged as a major sector in the financial industry, combining traditional finance with blockchain technology, peaking in 2024. Leading asset management company BlackRock has made significant progress in Real World Assets (RWA) after Bitcoin. A

SQRR our aim was to understand the recently launched #BlackRock #BUIDL fund's mechanics based on the publicly available information. This #tokenized money market fund has its fund interests represented as #blockchain #ERC20 tokens issued on the #Ethereum network. Learn more 👇🏼🔍 #RWAs #SQRR #Research

🛠️ Innovative Recovery Tool by Tether Tether recently unveiled a Recovery Tool, revolutionizing USDT access across multiple blockchains and significantly reducing risks associated with blockchain disruptions. This strategic development is pivotal for asset management firms, ensuring stable and secure access to USDT assets amidst potential network issues. 🌐 Enhancing Blockchain Interoperability Spanning across 14 networks, including Ethereum, Tron, Solana, and Avalanche, Tether's commitment to interoperability and decentralization is reshaping the cryptocurrency landscape. This broad network support ensures that asset managers have the flexibility to navigate through diverse blockchain environments confidently. 🔒 Security and User Experience With the integration of cryptographic signatures, Tether prioritizes security, safeguarding against unauthorized transfers. The tool’s design emphasizes a user-friendly interface, making USDT migration seamless for asset managers, with support for popular wallets enhancing the process's convenience and security. 📊 Market Leadership and Trust Tether’s leadership in the stablecoin market, demonstrated by surpassing a $100 billion market cap, reinforces its pivotal role in digital finance. This achievement underlines the trust and confidence that asset managers place in Tether’s ability to provide stability and scalability within the crypto ecosystem. 💼 Strategic Asset Management Implications Tether's Recovery Tool marks a significant stride towards addressing blockchain-related risks, emphasizing adaptability and resilience in asset management. This tool provides a robust platform for firms to manage assets agilely, underscoring Tether’s dedication to innovation and security in the rapidly evolving crypto space. Tether's innovative approach not only secures USDT's stability across blockchains but also empowers asset managers with a versatile tool for effective digital asset management. This advancement highlights Tether's ongoing commitment to adaptability, interoperability, and security, bolstering confidence in the stablecoin's role in the global financial landscape. 🇸🇬 For more insights into navigating these developments, reach out to our team in Singapore. #Tether #USDT #Blockchain #CryptoInnovation #AssetManagement #DigitalFinance

Yesterday, BlackRock launched the tokenized digital asset fund BUIDL (BlackRock USD Institutional Digital Liquidity Fund) and it seems like it deposited 100m USDC on the Ethereum network. Such a move comes after the approval of its iShares Bitcoin ETF, which has already accumulated more than $15b in asset under management, demonstrating the growing mainstream acceptance and adoption of digital assets within traditional financial markets. Behind the scenes, experiments in securities tokenization have been quietly advancing for years, and only now we are beginning to see them manifest on permissionless blockchain networks. With BUIDL, Blackrock can invest not only in BTC but also in: - Franklin Templeton's $FOBXX - Ondo Finance's protocol $OUSG, $OMMF, $USDY - OpenEden's TBILL Vault $TBILL and a growing number of tokenized TradFi assets, most of whom appear at this stage to be ETFs and Treasury bills. BUIDL was launched in partership with Securitize, a firm for Real World Asset tokenization. It seems very likely therefore that tokenized securities will not be the only focus of the fund, and a bull case for RWAt. When the biggest asset manager in the world is on the verge of investing in tokenized assets with a tokenized investment fund, you know (i) Tokenized TradFi is already here, (ii) we are definetly not early anymore. See you this Saturday at Road to ETHMilan 2024 to discuss about it 👨🚀  

A Major Leap for Web3: Integrating Real-World Assets with Industry Giants 🚀 The recent integration of real-world assets (RWAs) like real estate and bonds into Web3 platforms, as seen in BlackRock's innovative approach, marks a significant milestone in the evolution of blockchain technology. This trend not only validates the potential of Web3 but also opens up myriad possibilities for traditional financial assets. 🌐 In my opinion, the fusion of RWAs with blockchain is a game changer. It bridges the gap between traditional finance and the burgeoning world of decentralized finance (DeFi), enhancing liquidity, transparency, and efficiency. This integration could potentially reshape investment landscapes and democratize access to previously gatekept assets. 🔍 However, while the opportunities are vast, so are the challenges. Regulatory hurdles, technological complexities, and market acceptance are significant barriers that need to be addressed. It’s crucial for industry leaders and regulators to collaborate closely to ensure that the integration benefits all stakeholders. 💬 What are your thoughts on integrating RWAs with blockchain? Do you see this as the future of finance or are there concerns that need to be addressed first? #Web3 #Blockchain #RealWorldAssets #Finance #Innovation https://ow.ly/R9fI50SsqAi

A collaboration was forged with a Swiss crypto firm to expand digital asset services, including tokenizing real-world assets. Institutional interest in cryptocurrencies is on the rise for portfolio diversification and inflation hedging. This partnership aims to enhance asset management through tokenization, improving asset transparency and security. #Blockchain, #Digitalassets, #Tokenization, #Fintech, #Institutionalinvestors, #StateStreet, #Taurus, #Trading, #Forex

BlackRock, a leading global asset manager and exchange-traded fund (ETF) operator, is preparing to launch its blockchain fund. The token, named BUIDL (BlackRock USD Institutional Digital Liquidity Fund), is backed by real assets including U.S. Treasury bonds, U.S. dollars, and other traditional liquid instruments. BUIDL holders will receive dividends directly to their crypto wallets daily, based on the yield of these assets.This move follows the successful launch of a bitcoin ETF earlier this year by BlackRock, showcasing the company's further foray into blockchain technologies.The initiative seems innovative, yet it reflects an existing model used by stablecoin issuers like USDT and USDC. These companies attract funds from investors, issue tokens, and invest the actual dollars into U.S. Treasury bonds, earning profits. For instance, Tether (issuer of USDT) has issued tokens worth over $100 billion, generating an income of $4-5 billion a year for the company.Surprisingly, there hasn’t been a similar dollar-linked token that allows holders to receive a share of the yield. Such a new stablecoin could serve as an excellent alternative to traditional bank deposits, offering significant advantages over other stablecoins.BlackRock's entry into this market with such an offering, backed by its powerful brand and high deposit yields, could pose a serious challenge to traditional banks that offer low-yield deposits.

📈 Inside the BUIDL Fund Mechanics: The BUIDL Fund, managed by BlackRock, isn't just another blockchain buzzword; it's a sophisticated financial instrument that marries traditional assets with modern blockchain efficiency. ⛓️Off-Chain Workflow: Underlying Assets: The solid foundation of the fund, comprising U.S. Treasury Bills, Repo Agreements, and Cash, ensures reliability and stability. 🪨Investment Manager (BlackRock): Steering the ship with unparalleled expertise in asset management. 🏦Custodian & Administrator (BNYM): A bastion of trust, holding the reins on the fund's tangible assets. On & Off-Chain Workflow: 🔄Transfer Agent & Tokenization Platform (Securitize): The bridge between traditional finance and blockchain, handling token issuance and investor onboarding with rigorous KYC and whitelisting procedures. 🙌Ecosystem Participants (Anchorage, Coinbase, BitGo, Fireblocks): The collaborators providing custody services, adding a layer of security and accessibility to digital assets. 🏰BUIDL Token (ERC-20): At the heart lies the BUIDL Token, an ERC-20 token representing interests in the fund, designed to bring liquidity and stability to the hands of accredited investors. 💰The Investors: Accredited individuals and institutions are the lifeblood, infusing capital and trust into the fund, empowered by blockchain's transparency and efficiency. Full Report here - https://lnkd.in/dBeEWxkJ

🚀 Exciting News from DAMREV! 🚀 I am extremely honored to announce that DAMREV has been recognized with the Innovation Excellence Award 2024 by The CEO Views! This prestigious recognition highlights our unwavering commitment to transforming financial transactions and bridging the gap between physical assets and the digital universe. In a detailed feature, I had the opportunity to share insights into how DAMREV is driving innovation in the financial sector. Our groundbreaking solutions are designed to provide transparency, efficiency, and accessibility in managing both physical and digital assets. Read more about our journey and the innovative solutions we are developing by checking out the full article here: 🔗 https://lnkd.in/d5e6YzBp A huge thank you to The CEO Views for this honor and to all our partners and supporters who believe in our vision. Together, we are paving the way for a more transparent and accessible global market. #DAMREV #InnovationExcellence #FinancialInnovation #Blockchain #DigitalAssets #TheCEOViews #Award #Innovation #Excellence #FinancialTransactions

The Real-World Asset (RWA) trend has emerged as a significant sector in the financial industry, blending traditional finance with blockchain technology. 👉 https://lnkd.in/eFxE2DEc #blackrock #blockchain #rwa #finance #crypto #web3 #collaterize #btc #tokenization