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BlackRock is discussing with the U.S. SEC the tokenization of iShares ETFs
Mars Finance reports that, according to market sources, BlackRock is in talks with the U.S. Securities and Exchange Commission about tokenizing its iShares ETF products. BlackRock’s Chief Financial Officer Martin Small stated that he cannot confirm 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 it is very positive for both layer-one blockchains and decentralized finance.