币界网报道:Ethereum Gains Institutional Backing as BlackRock Partners for Asset Tokenization BlackRock, the world's largest asset manager, has partnered with Securitize to tokenize assets on the Ethereum blockchain, marking a significant institutional endorsement for Ethereum. The collaboration will focus on issuing and managing tokenized versions of traditional financial assets, leveraging Ethereum's smart contract capabilities. Larry Fink, BlackRock's CEO, highlighted the potential of blockchain technology to revolutionize capital markets by improving efficiency and transparency. This move follows BlackRock's earlier launch of a spot Bitcoin ETF and signals growing institutional interest in Ethereum-based financial products. Securitize, a regulated digital asset securities firm, will provide the infrastructure for compliance and investor management. Industry analysts view this partnership as a major step toward mainstream adoption of tokenized assets, which could unlock trillions in illiquid markets. Ethereum's native token, ETH, saw a 5% price increase following the announcement as market participants anticipate increased demand for the network. The initiative aligns with broader Wall Street trends exploring blockchain solutions for settlement, custody, and fractional ownership of assets. Regulatory clarity around digital assets in key markets like the U.S. is expected to accelerate similar institutional blockchain adoption in 2024.