According to CoinDesk, the tokenization of physical assets (RWA) has become increasingly popular among financial institutions, and financial giants such as BlackRock have also entered the field and launched their own tokenized assets. This uses blockchain technology to make the issuance, management and distribution of traditional assets more efficient than their off-chain counterparts, especially private and alternative assets. Security Token Market has been paying attention to this field since 2018 and has found some themes and their performance from the more than 600 tokenized products tracked. BlackRock's US Dollar Institutional Digital Liquidity Fund ($BUIDL) is a typical example of a tokenized money market fund that asset institutions are increasingly investing in. BUIDL's net inflows in June 2024 increased by 5.93%, and the total assets under management reached US$483,311,326.32.
