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Analysis: BlackRock, Citi, and other institutions are pushing RWA tokenization into the practical stage, and Ethereum remains the main platform

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2025-05-04 12:53:05
Recently, BlackRock, MultiBank and other institutions are promoting the RWA (Real World Asset) tokenization project, among which BlackRock plans to create a blockchain-based digital ledger technology (DLT) share class for its $150 billion Treasury Trust fund to record investors' holdings on the blockchain, Citi is exploring digital asset custody, Franklin Templeton has tokenized a money market fund on a public blockchain.
RedStone co-founder Marcin Kazmierczak pointed out that these developments demonstrate that tokenization has moved beyond theoretical discussions and entered the practical application stage of market leaders, while Ethereum remains the main platform for RWA tokenization based on its strengths in ecosystem, developer support, and infrastructure.
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