What happens with crypto once a BlackRock rolls in? Nothing.

The big asset managers are already here, and their customers are spending like mad to own Bitcoin Price Volume in 24h Price 7d even as it pushes new all-time highs.

BlackRock is the second-largest institutional investor in the crypto market, with a $30 billion investment in blockchain (10% of its total assets under management). 

“I see huge opportunities in a digitized crypto blockchain-related currency and that’s where I think it’s going, and that’s going to create some big winners and some big losers.”

— BlackRock’s CEO Larry Fink

(Source)

If you follow the money trails, they always lead back to BlackRock. They’re always up to something.

Here’s what they believe will succeed in the crypto market,

The $2 Billion Bet: RWA Crypto Is The Big Play

Blackrock has been involved in the crypto world for years and even flirted with disaster—almost losing billions to Silicon Valley Bank because its company Circle had a lot of volatile stablecoin collateral.

BlackRock also got scammed by FTX. Something Larry Fink lost his shit over. Even the savviest investors get scammed.

“[BlackRock had] a $24 million investment in a fund of funds; it was not a core part of our business,” he reassured investors.

So now BlackRock’s on attempt three.

(Fool me once?)

Now, they believe real-world assets backed by blockchain technology, platforms, and exchanges are the next big thing.

BlackRock: Real World Assets, Crypto’s Big Winner

Tokenization is the final in a trilogy of blockchain-driven financial liberation.

It all started with buying fractions of Bitcoin and moved on to fractionalized stocks through Robinhood and now it’s taking ownership far beyond just stock trading. Tokenization promises gold, real estate and other tangible assets being tokenized and traded — and with the ability to buy as much (or little) as you want.

According to Boston Consulting Group, the real-world asset sector could reach a market cap of $16 trillion by 2030.

DON’T MISS: These Low Cap RWA Gems Could Supercharge Your Portfolio in 2024

Top Real-World Asset Platforms to Invest in

What is RWA? Get ahead of the next big crypto narrative and discover Real World Assets. Find out the best RWA Coins to buy in March 2024.
(Tokeny)

One of the top RWA tokens right now is Centrifuge Price Volume in 24h Price 7d , a decentralized tokenization protocol cracking open financing for small businesses everywhere.

Where Centrifuge stands out is the types of assets they tokenize:

  • Invoices
  • Mortgages
  • Micro-lending

Another exciting project I’ve been following like a wounded gazelle is Backed Finance. Although it hasn’t launched yet, it will tokenize stocks and ETFs on Ethereum and allow them to be freely transferable across wallets like Metamask and Rainbow.

Unfortunately, they’ll only be available outside the U.S. since they are not registered as a broker-dealer with the SEC.

Lastly, Ondo Finance Price Volume in 24h Price 7d allows investors to invest fractionally in corporate bonds and equity. With Ondo, you can invest in traditional capital markets and get access to global stocks, bonds and ETFs. They also offer, what seems to me, stable returns up to 8%.

That’s all we got. Be sure to check out one of these options!

EXPLORE: Over 300,000 ETH Withdrawn from Exchanges In 7 Days: Ethereum Preparing For $6,000?

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!
Back to top