BlackRock CEO Hints Tokenization is the Next Revolution After BTC ETF; This RWA Token Holds First-Mover Advantage

Experts across the crypto space were confident that tokenizing financial assets would lead the next wave of revolution. And the expectation gets strong support from an industry leader. BlackRock CEO Larry Fink believes that the financial industry is at the brink of transformation where all the assets, be it in the digital or real world, are going to get tokenized. 

After taking the crypto market by storm by launching a spot Bitcoin ETF, BlackRock, a $10 Trillion asset management firm, could be seen taking bold steps toward asset tokenization. Fink stated that tokenization is the technological transformation of finance. The insight from someone at the top of a leading asset management firm marks that tokenization of assets is inevitable. 

In that case, projects already leaving their mark in asset tokenization will lead this upcoming revolution. Landshare ($LAND) has begun tokenizing real estate, bringing properties on the blockchain. The tokenized real estate ecosystem has brought three properties on chain, giving the score 3-0 to any other counterpart in the space. 

Landshare ($LAND) leads the march where real estate meets blockchain. Property ownership units are converted into Real World Asset (RWA) tokens on the blockchain. Each token represents ownership of the underlying asset unit. Landshare RWA (LSRWA) token depicts the value of real estate property units and authorizes co-ownership to the token holders. 

By acquiring and retaining RWA Tokens, the token holder becomes a shareholder in the holding company, entitling the co-ownership of all associated assets. Real estate investments with Landshare can start at as low as $50. This way, Landshare brings the opportunity to enter the lucrative real estate market to investors who cannot pour in hefty amounts of capital. 

The CEO of BlackRock highlighted that tokenization would make every asset, such as bonds or stocks, on a chain over a general ledger, giving all of them a digital identification. He further discussed how tokenization would push the “instantaneous settlement,” saving time for settling bonds and stocks-like assets. 

With Landshare, users experience the same immediate settlement without diving into much hassle. Tokenized transactions are less time-consuming, efficient, and safe than real estate transactions. 

Landshare has a first-mover advantage compared to its counterparts in the tokenized real estate space. The project has clocked actual properties on the blockchain, while others still must meet the same target. 

The native utility token $LAND is undervalued, given the market cap. It currently holds a market capitalization of slightly over $5 Million. Compared to the competitors, $LAND has the potential to be 10X in value. 

Currently, $LAND is trading at $1.3, surging over 160% yearly. Following the conversation commenced over social media around asset tokenization, $LAND surged nearly 2%. The $LAND token presale is about to start, and the response will shake the market. 

$LAND marked the growth during the year when the broader crypto market was recovering. Then, the token can reach new highs during upcoming crypto rallies, most likely triggered by the recent Bitcoin ETF approvals brought by BlackRock and other leading asset management firms. The wave of financial asset tokenization is likely to hit soon since BlackRock CEO thinks “the next step forward” after Bitcoin ETFs is “tokenization of financial assets.” 

Source: https://blockchainreporter.net/blackrock-ceo-hints-tokenization-is-the-next-revolution-after-btc-etf-this-rwa-token-holds-first-mover-advantage/