Loading video...
Video Failed to Load
New Ripple video features Ondo Finance’s tokenization illustration showing the XRP Ledger connected to BlackRock’s BUIDL fund, Franklin Templeton’s BENJI fund, Goldman Sachs, Citi, and J.P. Morgan.✅ Watch.😶🌫️👇
490,482 views • 11 months ago •via X (Twitter)
0 Comments
No comments available
Comments from the original post will appear here
![SharpLink CEO and former BlackRock Exec Joseph Chalom on what the inflection point in tokenization will look like “We went through a period in tokenization where you had individual projects tokenized and everyone got excited. Franklin Templeton tokenized a money market fund called BENJI, then BlackRock did BUIDL, then our friends at Apollo did ACRED. So you’re going organically one fund or project at a time.” “What I’m looking for is some asset manager to wake up one day and not tokenize a fund but tokenize a fund complex measured in the hundreds of billions… When you see [massive one-time step functions], you know you’re at the right point of tokenization and it’s irreversible. So not individual projects, but entire complexes and asset classes. When that happens, there’s no going backwards.” Yesterday, BlackRock filed to launch two more tokenized money market funds. One is a newly created fund built specifically as a stablecoin reserve vehicle. As more stablecoins come to market, issuers are seeking reserve funds that are both Genius-compliant and tokenized to allow for 24/7 trading and near-instant settlement. The other is more interesting. And it's only on Ethereum. Unlike BUIDL, which was its own standalone fund, BlackRock added a tokenized share class to BlackRock Select Treasury Based Liquidity Fund (a $6.1B fund inside their institutional money market complex, BlackRock Liquidity Funds). The complex holds hundreds of billions across funds like FedFund, MuniCash, and T-Fund. The infrastructure is now built inside the complex. Extending it to FedFund or MuniCash next is a much smaller lift than what BlackRock just did. Chalom's step function isn't here yet, but the rails are - on Ethereum. Source: CoinDesk (Feb 2026)](https://image.24vids.com/tw-2053492115103994224/amplify_video_thumb/2053469424082911235/img/XNeiXOaJq57N3wuu.jpg)
![Coinbase CEO: Tokenization will be great for asset management companies “I think [tokenization] will create more demand for funds and products. I think it’s going to democratize access and reduce a lot of the back office fees and costs to operate that type of business. More broadly, this term ‘tokenization’ is the idea that you have an underlying asset and then you make a digital token that 1:1 represents it. The first case we’ve seen this take off with is stablecoins… that’s the tokenization of the dollar. That took off and is doing great. It’s a huge growth area. We’re now seeing the tokenization of all these other asset classes — this can happen in real estate, private credit, and the funds that BlackRock, Apollo, and these firms put out. I think it’s going to just create more demand for their products essentially.” The world's largest asset managers are already doing this, and they're building on Ethereum: - BlackRock's BUIDL fund: ~$2.4B in tokenized U.S. Treasuries - JPMorgan's MONY: tokenized money market fund, seeded with $100M - Franklin Templeton's BENJI: $680M+ on-chain government money fund - Fidelity's FDIT: tokenized money market fund launched on Ethereum - Ondo Finance: $1.4B+ across tokenized Treasury products - WisdomTree, Hashnote, Superstate, Amundi, SocGen FORGE — all live Tokenized money market funds alone grew from $3B to $9B in a single year. Ethereum hosts ~57% of all tokenized real-world assets by value. Source: Norges Bank (Mar 2026)](https://image.24vids.com/tw-2035793637456392241/amplify_video_thumb/2035467918478356480/img/KQ3CG5_tCiogoYTu.jpg)
