貝萊德以以太坊區塊鏈代幣化資產基金震撼華爾街

貝萊德最新的投資產品—代幣化資產基金 BUIDL，將利用以太坊的 DeFi 功能徹底改變華爾街。該新基金包括價值近 1 億美元的代幣化資產，如現金和國庫券，為機構投資者提供透明度、流動性和收益潛力。透過選擇以太坊，貝萊德認識到了其在 DeFi 領域的主導地位，隨著資產代幣化趨勢的發展，這可能會顯著提升以太坊的估值。

BlackRock Revolutionizes Wall Street with Tokenized Asset Fund on Ethereum Blockchain

貝萊德透過以太坊區塊鏈上的代幣化資產基金徹底改變了華爾街

BlackRock, the financial behemoth that spearheaded the introduction of the first spot exchange-traded fund (ETF) for Bitcoin, unveils an unprecedented investment product for the Ethereum (ETH) blockchain. This groundbreaking innovation has the potential to reshape the very fabric of Wall Street's financial operations.

金融巨頭貝萊德率先推出了首個比特幣現貨交易所交易基金 (ETF)，並推出了前所未有的以太坊 (ETH) 區塊鏈投資產品。這項突破性的創新有可能重塑華爾街金融業務的結構。

The Dawn of Tokenized Asset Funds

代幣化資產基金的黎明

BlackRock's latest offering, dubbed the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), marks a transformative step in the evolving financial landscape. This tokenized asset fund embodies the burgeoning trend known as asset tokenization, where real-world financial assets are digitally represented on blockchains.

貝萊德的最新產品被稱為貝萊德美元機構數位流動性基金（BUIDL），標誌著不斷發展的金融格局邁出了變革性的一步。這種代幣化資產基金反映了資產代幣化這一新興趨勢，即現實世界的金融資產在區塊鏈上以數位方式表示。

In this instance, BlackRock has tokenized approximately $100 million worth of cash equivalents, including Treasury bills (T-bills) and repurchase agreements (repos). Investors who contribute to the fund receive crypto tokens on the Ethereum blockchain, imbued with unique properties. Unlike traditional stablecoins, pegged to the U.S. dollar on a 1:1 ratio, these tokens offer an added layer of potential yield payouts.

在這種情況下，貝萊德已將價值約 1 億美元的現金等價物代幣化，包括國庫券 (T-bills) 和回購協議 (repos)。向該基金捐款的投資者將收到以太坊區塊鏈上具有獨特屬性的加密代幣。與以 1:1 的比例與美元掛鉤的傳統穩定幣不同，這些代幣提供了額外的潛在收益支付。

The Superiority of Blockchain-Based Assets

區塊鏈資產的優越性

The underlying foundation of blockchain technology empowers BlackRock's crypto token with this innovative feature. Blockchain-based digital assets possess inherent advantages over their traditional counterparts, potentially enhancing their appeal to investors.

區塊鏈技術的底層基礎為貝萊德的加密代幣提供了這項創新功能。基於區塊鏈的數位資產相對於傳統資產具有先天優勢，可能會增強其對投資者的吸引力。

BlackRock highlights the superior transparency, liquidity, and settlement times afforded by the tokenized asset fund. These attributes ignite optimism among financial experts who envision asset tokenization as a monumental trend, with Citigroup estimating a market opportunity of $4 trillion and the Boston Consulting Group forecasting a potential $16 trillion market.

貝萊德強調了​​代幣化資產基金提供的卓越透明度、流動性和結算時間。這些屬性點燃了金融專家的樂觀情緒，他們認為資產代幣化是一種巨大的趨勢，花旗集團估計市場機會為 4 兆美元，波士頓諮詢集團預測潛在市場為 16 兆美元。

Ethereum's Dominance in DeFi

以太坊在 DeFi 領域的主導地位

BlackRock's strategic selection of Ethereum as the platform for its tokenized asset fund is a resounding testament to the blockchain's dominance in the decentralized finance (DeFi) realm. Ethereum boasts a commanding 57% share of all DeFi activity, measured by total value locked (TVL), a metric that gauges the extent of blockchain usage.

貝萊德策略選擇以太坊作為其代幣化資產基金的平台，充分證明了區塊鏈在去中心化金融（DeFi）領域的主導地位。以鎖定總價值（TVL）衡量，以太坊在所有 DeFi 活動中佔據了 57% 的份額，TVL 是衡量區塊鏈使用程度的指標。

BlackRock's Role as a Market Catalyst

貝萊德作為市場催化劑的作用

BlackRock's stature as the world's largest asset manager, with nearly $10 trillion in assets under management, adds weight to the significance of its decision. The firm's CEO, Larry Fink, has unambiguously declared asset tokenization a major trend for Wall Street.

貝萊德作為全球最大資產管理公司的地位，管理著近 10 兆美元的資產，這更凸顯了其決策的重要性。該公司執行長拉里·芬克（Larry Fink）明確宣布資產代幣化是華爾街的主要趨勢。

Valuation Implications for Ethereum

對以太坊的估值影響

Underpinning the belief in asset tokenization's future dominance in finance and Ethereum's continued leadership in DeFi, it stands to reason that Ethereum's value may surge as this trend takes hold. Tracking the TVL metric for Ethereum over time could provide valuable insights into the market's trajectory.

人們相信資產代幣化未來將在金融領域佔據主導地位，而以太坊將在 DeFi 領域繼續保持領先地位，因此，隨著這一趨勢的確立，以太坊的價值可能會飆升，這是理所當然的。隨著時間的推移追蹤以太坊的 TVL 指標可以為市場軌跡提供有價值的見解。

Cautious Optimism for Ethereum

對以太坊持謹慎樂觀態度

While acknowledging the potential for Ethereum to capitalize on this transformative trend, it is crucial to maintain a tempered approach. Blockchains are decentralized by nature, devoid of centralized decision-making structures. Consequently, Ethereum's involvement in this burgeoning market opportunity is guided by the collective efforts of its global developer community.

雖然承認以太坊有潛力利用這一變革趨勢，但保持溫和的態度至關重要。區塊鏈本質上是去中心化的，沒有中心化的決策結構。因此，以太坊參與這個新興市場機會是在其全球開發者社群的集體努力的指導下進行的。

Monitoring the Trend

監控趨勢

Notwithstanding the uncertainties inherent in decentralized networks, the convergence of asset tokenization and Ethereum's dominance in DeFi warrants close monitoring. Investors seeking to navigate this evolving landscape should approach Ethereum's potential growth with a balanced perspective and continue to track the progress of this transformative trend.

儘管去中心化網路固有的不確定性，但資產代幣化和以太坊在 DeFi 領域的主導地位的融合值得密切關注。尋求駕馭這一不斷變化的格局的投資者應該以平衡的視角看待以太坊的潛在成長，並繼續追蹤這一變革趨勢的進展。