The cryptocurrency market is witnessing an accelerated influx of institutional funds, with traditional financial giants and innovative companies making strategic moves, signaling a new phase in the integration of digital assets and traditional finance. From BlackRock's tokenized fund BUIDL being recognized as a staking asset by mainstream trading platforms, to Paxos Labs' commitment to directly bringing DeFi and on-chain products into institutional applications, and Ark Invest's strategic adjustments regarding stablecoin issuer Circle, these dynamics collectively paint a picture of deep institutional involvement in the crypto ecosystem.
- BlackRock BUIDL Fund: A Milestone in Real World Asset (RWA) Tokenization
BlackRock's first money market fund based on public blockchain, BUIDL, is becoming a typical case of institutional enthusiasm for crypto assets. Launched in collaboration with tokenization firm Securitize, the fund's management scale has rapidly grown to $2.9 billion since its launch in March 2024, demonstrating strong market demand for RWA tokenization.
The groundbreaking progress of the BUIDL fund includes:
Eric Anziani, President and COO of Crypto.com, stated that the platform will open BUIDL staking to institutional clients in selected jurisdictions, covering a full range of services including spot, leverage, derivatives, and over-the-counter trading. Meanwhile, Deribit—a top crypto options trading platform with over $1.1 trillion in trading volume in 2024—will allow institutional clients to use BUIDL as collateral for futures options trading and will launch spot trading. This marks an unprecedented level of acceptance for RWA tokenized products in the crypto market and paves the way for the on-chain transformation of traditional financial assets.
- Paxos Labs: Empowering Institutions to Connect Directly to DeFi and On-Chain Opportunities
While BlackRock leads the RWA tokenization wave, blockchain infrastructure provider Paxos has also taken an important step by establishing a new startup called Paxos Labs. Paxos Labs aims to help institutions directly integrate decentralized finance (DeFi) and on-chain products into their applications and platforms.
The core value of Paxos Labs lies in:
Kotecha illustrated that if a fintech platform wishes to issue its own branded stablecoin or provide users with dollar-denominated products that generate passive income without directly interacting with DeFi, Paxos Labs can provide the supporting infrastructure. Similarly, if a Layer 1 network or DeFi protocol wants to offer native Bitcoin or Ethereum yield products to enhance capital retention and user engagement, they can use Paxos Labs' API to build and launch these features. This indicates that Paxos Labs is committed to lowering the barriers for institutions to enter the DeFi and on-chain world, accelerating the integration of traditional finance and digital assets by providing modular, customizable solutions.
- Ark Invest's Strategic Adjustment Regarding Circle: Market Dynamics and Investment Strategy
Despite the growing institutional interest in crypto assets, the strategic adjustments of investment institutions also reflect the complexity of market dynamics. Ark Invest, led by Cathie Wood, has recently continued its sell-off of shares in stablecoin issuer Circle. As Circle's stock price reached a new high, Ark Invest sold over 640,000 shares of Circle stock on Monday and Tuesday, totaling nearly $100 million.
Previously, ARK Invest had purchased nearly 4.5 million shares on Circle's listing day, with a holding value of up to $373 million. This continuous sell-off may reflect Ark Invest's profit-taking under specific market conditions or a strategic adjustment based on its outlook for future market trends and portfolio allocation. This reminds us that even institutions optimistic about crypto assets do not have static investment behaviors; rather, they adjust flexibly according to market conditions and their own strategies.
Conclusion:
From the groundbreaking progress of the BlackRock BUIDL fund to Paxos Labs empowering institutions to connect directly to DeFi, and Ark Invest's strategic adjustments regarding Circle, these events collectively outline a clear picture of deep institutional participation in the crypto asset market. RWA tokenization is accelerating, the institutional application of DeFi is becoming a new trend, and the proactive positioning of traditional financial giants will undoubtedly bring stronger liquidity, richer innovation, and broader development space to the crypto market. As regulatory frameworks gradually improve and technological infrastructure matures, we have reason to believe that institutional funds will continue to be a key force driving the crypto asset market toward the mainstream.
Related: Report: "Crypto-native" asset management companies have seen their on-chain holdings quadruple since January
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
