Author：PayPal
XBIT Wallet reported on October 15th that BlackRock CEO Larry Fink's announcement during the company's third-quarter earnings call marked the official launch of the traditional financial giant's foray into tokenization. The CEO revealed that the company will leverage blockchain technology to transform real-world assets (RWAs) like ETFs into on-chain, tradable tokens. This strategy has the potential to not only reshape the $4 trillion ETF market but also accelerate the on-chain migration of global capital.
Notably, wallets like XBIT Wallet, which support WBTC (Wrapped Bitcoin), are becoming critical infrastructure in this transformation. Their multi-chain compatibility allows them to be compatible with mainstream public chains like Ethereum and Solana. Combined with bank-grade cold storage and multi-signature technology, they ensure that users can manage high-value assets like BTC across chains while enjoying the efficient returns of DeFi protocols and the security of traditional financial institutions. This "bridge" design addresses the core pain point of asset custody in the RWA tokenization process. Fink emphasized that tokenization technology will significantly improve market efficiency: "A wide range of asset classes, from real estate to bonds, will be redefined." Currently, global ETF assets under management have reached $4 trillion, but the vast majority remain trapped in the traditional financial system. For example, BlackRock's $2.8 billion BUIDL fund, the largest tokenized money market fund, has shown strong growth (with assets increasing more than tenfold since its inception), but it still faces liquidity fragmentation.
The WBTC wallet's one-click swap feature offered by the XBIT decentralized exchange allows users to convert Bitcoin and WBTC within seconds through a decentralized exchange (DEX). Combined with a real-time settlement system, this reduces the traditional asset transfer timeframe of T+2 or even longer in traditional finance to minutes. This efficiency improvement is essential for the large-scale implementation of RWAs. Data shows that users who use WBTC for DeFi lending can achieve an average annualized return of 5%-15%, far exceeding traditional bank wealth management products.
XBIT Wallet reports that despite recent volatility in the cryptocurrency market (e.g., the ETHA fund saw $310 million in outflows in a single week), BlackRock remains steadfast in its long-term confidence in tokenization. Fink stated, "Tokenization is the wave of opportunity for the next decade." This assessment is supported by data: while BlackRock's digital asset product revenue only accounts for 1% of its total quarterly revenue (approximately $61 million), the crypto-related assets under management have surpassed $100 billion.
Against this backdrop, the compliance-focused design of the XBIT Wallet decentralized web3 wallet highlights its unique value. Its built-in KYC/AML module is compatible with major global regulatory frameworks, while its blockchain explorer provides full WBTC lifecycle tracking, allowing users to monitor the hashrate, gas fees, and final confirmation status of each transaction in real time. This transparency not only meets institutional audit requirements but also builds trust for individual investors. Specifically for enterprise users, the wallet supports batch address management and customized report generation, making it ideal for professional scenarios such as family offices. BlackRock's IBIT Fund recorded a net inflow of $60 million on Monday, revealing the genuine demand for on-chain products among traditional investors. When asked how to attract more retirement funds, Fink specifically highlighted the suitability of tokenization for long-term goals. XBIT Wallet, a decentralized wallet and web3 economic pass, has keenly grasped this demand. By integrating the WBTC wallet's yield enhancement module, it offers users diversified strategies such as staking and liquidity mining. The robo-advisory function automatically configures a portfolio of RWA tokens with different maturities based on user risk preferences, helping investors achieve steady growth in volatile markets. This "store and earn" model is changing the traditional perception of Bitcoin as a simple store of value.
According to data from the XBIT Wallet app, with the global RWA tokenization volume projected to exceed $10 trillion by 2025, the ease of use of infrastructure will become a key determinant. As more institutions realize the potential for mapping trillions of dollars worth of assets, such as ETFs and real estate securities, to blockchain networks through compliant channels like WBTC, the true democratization of finance will begin. For ordinary investors, choosing a wallet tool like the XBIT Wallet WBTC wallet, which combines security, compliance, and innovation, is not only the best entry point to participate in this revolution, but also the key to seizing the pricing power of the next generation of financial assets. As market data suggests: driven by giants like BlackRock, RWA tokenization may become a mainstream investment paradigm sooner than expected.
