Another Startup Tokenizes a BlackRock ETF

This time the tokenized fund is BlackRock's core U.S. equity UCITS ETF and the tokenizer is Swiss.

Editor’s note: DeFi startups don’t have a lot of respect for TradFi players … it is in their DNA. That should light a fire under ETF issuers who may discover that they lose their brand to firms who are moving quickly and unafraid to break things. One promise of tokenization of funds is the restoration of a direct relationship between the issuer and the shareholder. Yet, some startups are showing that the exchanges – decentralized or centralized – have ways to fight back.