Odaily Planet Daily reports that Bitwise Chief Investment Officer Matt Hougan revealed that BlackRock is in talks with the U.S. Securities and Exchange Commission to tokenize its iShares ETF products. BlackRock Chief Financial Officer Martin Small stated that he cannot determine whether this process will be completed within 90 days or 12 months. Matt Hougan commented that this could be one of the key narratives to lead the market out of the bear market and said that this is very positive for both layer-one blockchains and decentralized finance.
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Bitwise CIO: BlackRock plans to tokenize iShares ETF, currently in talks with the SEC
Odaily Planet Daily reports that Bitwise Chief Investment Officer Matt Hougan revealed that BlackRock is in talks with the U.S. Securities and Exchange Commission to tokenize its iShares ETF products. BlackRock Chief Financial Officer Martin Small stated that he cannot determine whether this process will be completed within 90 days or 12 months. Matt Hougan commented that this could be one of the key narratives to lead the market out of the bear market and said that this is very positive for both layer-one blockchains and decentralized finance.