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BlackRock CEO Urges SEC for Emergency Tokenization: This Is the Day for These Altcoins! - Coin Bulletin
BlackRock CEO Larry Fink called for a transformation in the financial world by stating that the tokenization of bonds and stocks with blockchain should be rapidly approved.
Fink stated that through the tokenization of traditional financial assets, market access will expand and investors will have the opportunity to transact in a more transparent, secure, and fast manner. Additionally, he implied that this technology will increase liquidity in the markets, providing new opportunities for both individual and institutional investors.
BlackRock's CEO conveyed that making traditional financial instruments such as bonds and stocks compatible with blockchain technology could have a transformative impact not only on the finance sector but on the entire economy.
(# These altcoins may stand out
According to Fink's statements, altcoins that bring together cryptocurrencies and real-world assets, such as stocks and bonds, will stand out. Among them, Ondo Finance, which is the most well-known and has previously formed a strategic partnership with BlackRock, stands out.
Also, in this RWA category, there are projects such as Chainlink )LINK###, Quant (QNT), Pendle (PENDLE), and Mantra (OM).