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BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founder

Kinto co-founder Victor Sanchez says real-world asset tokenization could be the future of finance and explains why BlackRock has decided to get in on the action.

The crypto markets’ focus on real-world asset (RWA) tokenization has gained momentum throughout 2024, and multiple entities within the traditional finance (TradFi) industry are also integrating blockchain and asset tokenization into their portfolios. 

Cointelegraph Markets spoke with Victor Sanchez and Alan Keegan, the co-founders of the RWA-focused blockchain project Kinto, to explore the market potential of tokenized RWAs. Both shared their views on the factors behind the rapid growth of RWAs and why they believe “big institutions” such as BlackRock are bullish on the asset class.

Cointelegraph: What would you say is the driving factor behind the rapid growth of RWAs this year?

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Former Binance CEO Changpeng Zhao Says He Will Remain Passive Holder of Crypto After Receiving Prison Sentence

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency NeededAccording to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial agency warns that if its legal tender […]

Former Binance CEO Changpeng Zhao Says He Will Remain Passive Holder of Crypto After Receiving Prison Sentence