According to @simplykashif, Jamie Dimon said technology has always helped serve clients better and that tokenization will follow the same path, with blockchain set to play a bigger role in the finance sector (source: @simplykashif on X, Dec 9, 2025, video). This stance aligns with JPMorgan’s live tokenization initiatives, including the first Tokenized Collateral Network transaction using tokenized money-market fund shares with BlackRock and Barclays in October 2023 (source: JPMorgan press release, Oct 11, 2023). Regulators are advancing similar pilots, such as MAS Project Guardian’s expansion to test tokenized bonds, funds, and collateral workflows with more global banks (source: Monetary Authority of Singapore press release, Nov 15, 2023). For traders, these verified institutional developments underpin the RWA/tokenization narrative and justify monitoring liquidity, volumes, and new bank-led tokenization announcements for near-term catalysts (source: JPMorgan press release, Oct 11, 2023; Monetary Authority of Singapore press release, Nov 15, 2023).

According to the source, BlackRock leadership is emphasizing that tokenization can overhaul market infrastructure, aligning with CEO Larry Fink’s statement that tokenization of securities is the next generation of markets. Source: BlackRock, Chairman’s Letter to Investors 2023. BlackRock has launched the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a tokenized fund on Ethereum that invests in cash, U.S. Treasury bills, and repurchase agreements, signaling institutional-grade real-world asset (RWA) adoption on-chain. Source: BlackRock press release, March 20, 2024. The BUIDL fund is issued via Securitize as transfer agent and tokenization platform, with share ownership and transfers recorded on Ethereum, providing 24/7 on-chain settlement rails. Source: Securitize announcement, March 2024. Regulated pilots under the Monetary Authority of Singapore’s Project Guardian have demonstrated tokenized funds and bonds with atomic delivery-versus-payment and intraday settlement, highlighting efficiency gains relevant to market plumbing. Source: Monetary Authority of Singapore (MAS), Project Guardian industry updates 2023–2024. For traders, live tokenized Treasuries on Ethereum connect the RWA narrative to ETH network activity and on-chain liquidity in high-grade yield instruments, as Ethereum transactions require gas paid in ETH. Source: BlackRock BUIDL press release, March 20, 2024; Ethereum.org documentation on transaction fees.

According to @CoinMarketCap, Singapore’s central bank will pilot issuing tokenized MAS Bills to primary dealers with settlement in a central bank digital currency, and the managing director stated tokenization has moved out of the lab into the real world, source: CoinMarketCap tweet, Nov 13, 2025. MAS Bills are short-term Singapore-dollar securities issued by the Monetary Authority of Singapore for money market operations, positioning them as a core real-world asset for tokenization, source: Monetary Authority of Singapore website on MAS Bills. MAS has previously conducted tokenization pilots under Project Guardian with financial institutions to test on-chain asset issuance and settlement, providing foundational rails for this trial, source: Monetary Authority of Singapore Project Guardian publications. For traders, this CBDC-settled government bill pilot in a major Asian hub is a concrete catalyst to track for RWA tokenization narratives and regulated DeFi infrastructure during Asia trading hours, source: CoinMarketCap tweet; Monetary Authority of Singapore announcements.

According to @AltcoinDaily, a former BlackRock executive said Ethereum is the infrastructure for Wall Street, highlighting Ethereum’s growing role in institutional finance. Source: @AltcoinDaily on X, 2025-11-11. This claim aligns with concrete adoption: BlackRock launched the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on Ethereum in March 2024, using Ethereum rails for tokenized cash management. Source: BlackRock press release, 2024-03-20. U.S. spot Ethereum ETFs were approved in 2024 and launched without staking features, confirming regulated access to ETH exposure while keeping on-chain staking separate from ETF flows. Source: U.S. SEC 19b-4 approval orders, 2024-05-23; issuer S-1 filings, 2024-07. Global banks and regulators have piloted tokenized assets on public chains under MAS Project Guardian, including JPMorgan’s DeFi repo trial on public blockchain rails tied to Ethereum’s ecosystem, signaling settlement use cases institutions are testing. Source: Monetary Authority of Singapore Project Guardian updates, 2022-11 and 2023-10.