A “crypto year” is often said to pack one year of innovation into a time span that would normally take seven. Like dog years. That said, institutions don’t move in crypto years when adopting innovation. They test and slowly build behind the scenes and those projects are starting to bloom just like spring flowers and cherry blossoms.
The most recent headline was BlackRock, the world’s largest asset manager, joining the forward thinking business minds in launching a blockchain-based tokenized fund backed by U.S. Treasuries (BUIDL) and on a public blockchain to boot. Giants like Franklin Templeton, Hamilton Lane and Wisdom Tree have tokenized ‘40 Act funds. KKR, Apollo and Hamilton Lane have also tokenized
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