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Tokenization and Institutional Adoption
This chapter explores BlackRock's innovative steps into asset tokenization, including their spot Bitcoin ETF, and the transformative impact of blockchain technology on financial markets. It highlights the shift in perception among institutional investors towards digital assets, fueled by significant allocations from entities like the State of Wisconsin Investment Board. The discussion also covers the role of ETFs in legitimizing cryptocurrencies and the growing engagement of retail audiences in the crypto space.