Securitize, the tokenization platform backed by BlackRock, has been approved for listing and is about to hit the NYSE.
Securitize, a tokenization tech provider for the BlackRock BUIDL fund, has received approval from the SEC for its key documents related to its merger with a SPAC, bringing it just a step away from listing on the New York Stock Exchange. This means that traditional finance giants are ramping up their efforts to tokenize real-world assets (RWA).
Why it matters: This marks the shift of RWA tokenization from concept to mainstream capital markets, with traditional finance heavyweights accelerating their embrace of blockchain technology. #Securitize #RWA #Web3 #blockchain
Securitize, a tokenization tech provider for the BlackRock BUIDL fund, has received approval from the SEC for its key documents related to its merger with a SPAC, bringing it just a step away from listing on the New York Stock Exchange. This means that traditional finance giants are ramping up their efforts to tokenize real-world assets (RWA).
Why it matters: This marks the shift of RWA tokenization from concept to mainstream capital markets, with traditional finance heavyweights accelerating their embrace of blockchain technology. #Securitize #RWA #Web3 #blockchain