RWA News – BlackRock, the world’s largest asset manager, is seeking SEC approval to tokenize corporate bonds, targeting a $1 trillion market by 2030. This move underscores the growing institutional interest in RWAs, aiming to transform bonds into digital tokens for faster, cost-effective trading.
By issuing tokens on Ethereum, BlackRock aims to reduce intermediaries and enhance market accessibility.
The initiative builds on the success of its BUIDL fund, which has already captured significant market share in tokenized treasuries.
If approved, this could redefine corporate bond markets, making them more inclusive and efficient, while signaling broader traditional finance (TradFi) adoption of blockchain technology for RWAs.