Real Asset (RWA) Tokenization Trend Grows as Financial Giants Like BlackRock Enter the Space

Real-World Asset (RWA) tokenization is growing in popularity among financial institutions, and financial giants such as BlackRock have entered the space with their own tokenized assets. This leverages Blockchain technology to make the issuance, management, and distribution of traditional assets more efficient than their off-chain counterparts, especially private and alternative assets.Security Token Market has been following the space since 2018 and has identified a number of themes and how they are performing from the more than 600 tokenized products tracked.BlackRock's Dollar Institutional Digital Liquidity Funds ($BUIDL) is a prime example of a tokenized money market fund that asset-based institutions are increasingly investing in.BUIDL's net inflows grew by 5.93% in June 2024, bringing its total AUM to $483,311,326.32.BUIDL's net inflows grew by 5.93% in June 2024, bringing its total AUM to $483,311,326.32