The filing does not reveal what assets the fund will hold, but Securitize’s presence potentially suggests the product has something to do with the tokenization of real-world assets, or RWA – industry jargon for representing ownership of a wide range of assets through a token on a blockchain. After BlackRock’s filing came out, Ondo Finance’s native token ONDO jumped as much as 20%, and is up 12% over the past 24 hours outperforming the broad-market CoinDesk 20 Index (CD20) and bitcoin (BTC). Ondo runs a RWA platform.

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• Source: https://www.coindesk.com/policy/2024/03/19/blackrock-creates-tokenized-asset-fund-sec-filing-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines