Rewards Hub BlackRock is in discussions with the U.S. Securities and Exchange Commission (SEC) regarding the tokenization of its iShares ETFs. Martin Small, BlackRock's Chief Financial Officer, indicated that developments could emerge within 90 days to 12 months, with a maximum timeline of one year.
Matt Hougan, Chief Information Officer at Bitwise, suggested that this development could potentially help the market recover from the current bear phase, benefiting Layer 1 and DeFi sectors.
BlackRock Engages SEC in Talks on iShares ETF Tokenization
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