Traditional Financial Giants Embrace Tokenized Real-World Assets, AAVE at the Forefront

The growing trend of tokenization of real-world assets (RWA) has caught the attention of traditional financial giants BlackRock and JPMorgan. By leveraging the Ethereum public chain, these institutions are positioning themselves to take advantage of the efficiency and transparency offered by blockchain technology.

BlackRock's tokenized fund BUIDL aims to combine the stable returns of traditional finance with the efficiency of blockchain. The settlement cycle of traditional financial assets can be long and cumbersome, but issuing BUIDL on Ethereum has achieved 24/7 trading and near real-time settlement of assets, significantly reducing operational costs.

JPMorgan's Onyx digital asset network has processed hundreds of billions of dollars in short-term asset transactions. The core logic behind JPMorgan's layout of RWA is to reshape financial infrastructure by simplifying clearing and settlement processes through tokenization.