Blockchains

Public Blockchains Aren’t Ready for Real-World Assets—Here’s Why

When BlackRock, the world’s largest asset manager, saw its $2.9 billion tokenized U.S. Treasury fund accepted as collateral on major exchanges, Crypto.com and Deribit, it marked a milestone: Real-world assets had officially entered the crypto mainstream. But beneath the surface, the structure of that fund reveals the limits of public blockchain infrastructure. Despite being issued […]