The real-world asset tokenization trend is heating up, fueled by BlackRock’s first tokenized asset fund, “BUIDL,” which joined 16 other tokenized government securities funds in the last week.
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Over $1 billion of United States Treasurys have been tokenized on Ethereum, Polygon, Solana and other blockchains amid a growing trend of real-world asset tokenization.
A U.S. judge has ruled that Coinbase’s self-custody crypto wallet doesn’t make it a broker, which lawyers say is a “significant setback” for the U.S. Securities and Exchange Commission (SEC) and a boon for DeFi.