BlackRock is planning to tokenize exchange-traded funds (ETFs) following its recent success with a Bitcoin fund. This initiative is part of a broader trend to leverage blockchain technology in traditional finance, aiming to enhance liquidity and accessibility for investors.
Robinhood has expanded its tokenization efforts to include 500 US stocks and ETFs on the Arbitrum blockchain, allowing users to trade fractional shares of these assets. This move aims to enhance accessibility and democratize investing by leveraging blockchain technology for improved transaction efficiency and lower costs.