Analysis: Institutions like BlackRock and Citigroup are pushing RWA tokenization into the practical stage, with Ethereum remaining the main platform
ChainCatcher news, according to Cointelegraph, recently several institutions including BlackRock and MultiBank are promoting RWA (Real World Assets) tokenization projects, among which BlackRock plans to create a blockchain-based digital ledger technology (DLT) share class for its $150 billion Treasury Trust fund to record investors' holdings on the blockchain, Citigroup is exploring digital asset custody, and Franklin Templeton has tokenized a money market fund on a public blockchain.
RedStone co-founder Marcin Kazmierczak pointed out that these developments indicate that tokenization has moved beyond theoretical discussions into the practical application stage for market leaders, and currently, Ethereum remains the primary platform for RWA tokenization, based on advantages in ecosystem, developer support, and infrastructure.