Analysis: BlackRock, Citigroup and other institutions are pushing RWA tokenization into the practical stage, and Ethereum is still the main platform

in recent times, institutions such as BlackRock and MultiBank are promoting the tokenization of RWA (Real World Assets) projects. BlackRock plans to create blockchain-based digital ledger technology (DLT) share classes for its $150 billion Treasury Trust fund to record investors' shareholding information on the blockchain, Citigroup is exploring digital asset custody, and Franklin Templeton has tokenized money market funds on a public blockchain. RedStone co-founder Marcin Kazmierczak pointed out that these developments indicate that tokenization has moved beyond theoretical discussions and into the practical application stage led by the market leaders. Based on advantages such as ecosystem, developer support, and infrastructure, Ethereum remains the main platform for RWA tokenization.