BlackRock CEO Champions Tokenization as RWA Market Hits All-Time High of $34 Billion in 2025
- Why Is BlackRock’s CEO Bullish on Tokenization?
- How Did the RWA Market Hit $34 Billion?
- What Are the Risks of Tokenized Assets?
- FAQs: Tokenization and RWAs Explained
The tokenization of real-world assets (RWAs) is having a breakout year, with the market surging to a record $34 billion in 2025. Larry Fink, CEO of BlackRock, is doubling down on blockchain-based asset tokenization, calling it the "next frontier" for finance. This article dives into why institutional giants are betting big on RWAs, how this trend is reshaping markets, and what it means for investors. Buckle up—this isn’t just another crypto hype cycle; it’s Wall Street meets DeFi.
Why Is BlackRock’s CEO Bullish on Tokenization?
Larry Fink isn’t exactly a crypto cheerleader—he once called bitcoin an "index of money laundering"—but his tune changed when BlackRock launched its tokenized money market fund (MMF) in 2023. Fast forward to October 2025, and Fink’s latest interviews reveal a stark pivot: "Tokenization isn’t about speculation; it’s about efficiency," he told CNBC last week. BlackRock’s BUIDL fund, now holding $12 billion in tokenized U.S. Treasuries, proves his point. The fund’s blockchain settlement slashes transaction times from days to minutes, a game-changer for institutional liquidity.
Fun fact: Fink’s endorsement matters because BlackRock manages $10 trillion in assets. When the world’s largest asset manager sneezes, markets catch a cold—or in this case, a fever for RWAs.
---How Did the RWA Market Hit $34 Billion?
According to, the RWA sector’s valuation exploded from $1 billion in 2022 to $34 billion as of Q3 2025. The growth drivers? Three words: yield, transparency, and accessibility. Tokenized U.S. Treasuries now offer 5.2% APY—beating most bank savings rates—while platforms like BTCC and Ondo Finance let retail investors buy fractions of bonds or real estate for as little as $10.
Here’s the kicker: 78% of this growth came from traditional finance (TradFi) players, not crypto natives. JPMorgan’s Ethereum-based collateral network and Singapore’s tokenized green bonds prove that RWAs aren’t a niche—they’re the future.
---What Are the Risks of Tokenized Assets?
Regulatory gray areas top the list. The SEC still hasn’t clarified whether tokenized stocks qualify as securities (remember the 2023 Coinbase debacle?). Then there’s oracle reliability—if the blockchain can’t verify off-chain asset data, the whole system crumbles. A BTCC analyst noted, "We’ve seen at least three RWA protocols fail in 2024 due to faulty price feeds."
That said, the upside is undeniable. Imagine trading Tokyo real estate or rare whiskey 24/7 with near-instant settlement. That’s the promise—if regulators don’t kill the vibe first.
---FAQs: Tokenization and RWAs Explained
What is asset tokenization?
Tokenization converts physical or financial assets (like real estate, bonds, or art) into digital tokens on a blockchain. These tokens represent ownership and can be traded globally without intermediaries.
Why is BlackRock interested in RWAs?
BlackRock sees tokenization as a way to reduce costs, increase liquidity, and attract younger investors who prefer digital assets over traditional brokerage accounts.
How can I invest in tokenized RWAs?
Platforms like BTCC, ONDO Finance, and Securitize offer exposure to tokenized Treasuries, real estate, and commodities. Always DYOR—this market is still evolving.
