$BTC $SOL

Big news: BlackRock CEO says he wants SEC to approve tokenization of bonds and stocks.

He hints at everything he wants in advance.

What does tokenization of bonds and stocks mean?

Tokenization of bonds and stocks is the conversion of them into digital tokens on the blockchain, allowing for fractional ownership and increasing liquidity and transparency. These tokens are managed via smart contracts, reducing costs and facilitating global trading, but they face challenges such as regulatory ambiguity and technology risks.