BlackRock，crypto.com和令牌化：Tradfi和Defi的新时代

探索BlackRock和Crypto.com如何推动现实世界中的资产（RWA）令牌化，创造新的交易机会并重塑市场基础设施。

BlackRock, Crypto.com, and Tokenization: A New Era for TradFi and DeFi

BlackRock，crypto.com和令牌化：Tradfi和Defi的新时代

The financial world is buzzing! BlackRock, Crypto.com, and tokenization are converging, creating tangible trading opportunities and reshaping market infrastructure. This article dives into the exciting developments that are bridging traditional finance (TradFi) and decentralized finance (DeFi).

金融界正在嗡嗡作响！ BlackRock，Crypto.com和令牌化正在融合，创造了切实的交易机会并重塑市场基础设施。本文深入研究了激动人心的发展，这些发展正在弥合传统金融（Tradfi）和分散的金融（DEFI）。

BlackRock's BUIDL Fund: A Game Changer for Crypto Collateral

BlackRock的Buidl Fund：加密货币的游戏规则改变者

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) is now accepted as collateral on major platforms like Crypto.com and Deribit. This is a big deal because it allows traders to use their BUIDL holdings as margin for derivatives and leveraged trades. The cool part? Traders can maintain their positions while earning a yield from the U.S. Treasuries backing the BUIDL tokens. Talk about turning idle margin into a productive asset!

贝莱德（Blackrock）的USD机构数字流动性基金（BUIDL）现在被认为是Crypto.com和Deribit等主要平台上的抵押品。这很重要，因为它允许交易者将其Buidl Holdings用作衍生品和杠杆交易的利润。很酷的部分？交易者可以维持自己的职位，同时从美国国债获得支持Buidl代币的收益率。谈论将闲置利润变成生产资产！

The tokenized Treasury market is booming, growing by about 400% in the past year, exceeding $7 billion. This shows there's a huge demand for stable, on-chain, yield-bearing instruments that operate 24/7. Securitize CEO Carlos Domingo calls BUIDL a "core component of crypto market infrastructure," giving traders access to a liquid, low-risk collateral option that reduces reliance on volatile cryptos or stablecoins.

令牌化的财政市场正在蓬勃发展，过去一年增长了约400％，超过70亿美元。这表明对24/7运行的稳定，链，承重仪器的需求很大。证券化CEO Carlos Domingo称Buidl为“加密市场基础设施的核心组成部分”，使交易者可以使用液体，低风险的抵押选择，从而降低了对挥发性加密货币或稳定的依赖。

Solana at the Forefront of Equity Tokenization

索拉纳处于公平令牌的最前沿

Solana is becoming the go-to blockchain for equity tokenization. DeFi Development Corp. (DFDV) is tokenizing its own shares, DFDVx, on the Solana network through Kraken's upcoming xStocks platform. This bridges the gap between regulated public markets and the permissionless world of DeFi. DFDV CEO Joseph Onorati envisions this as a "DeFi lego block," where shares of a public company can be used within decentralized applications for trading, lending, and collateralization.

Solana正成为公平令牌化的首选区块链。 Defi Development Corp.（DFDV）通过Kraken即将到来的Xstocks平台在Solana网络上签署了自己的股票DFDVX。这弥合了受监管的公共市场与无许可的Defi世界之间的差距。 DFDV首席执行官Joseph Onorati将其视为“ Defi Lego Block”，在该公司可以在分散申请中将上市公司的股份用于交易，贷款和抵押。

The potential market for tokenized RWAs is massive, projected to reach $18.9 trillion by 2033, according to a report by BCG and Ripple. Trading assets like Apple, Tesla, and DFDV on-chain, 24/7, with near-instant settlement is a game-changer. For Solana, hosting these high-profile tokenized assets solidifies its position as a high-throughput blockchain for real-world financial applications, boosting the SOL token's value.

根据BCG和Ripple的一份报告，标记RWAS的潜在市场预计到2033年将达到18.9万亿美元。苹果，特斯拉和DFDV链链（24/7）等贸易资产具有近乎内在的定居点，这是一个改变游戏规则的人。对于Solana而言，托管这些备受瞩目的令牌资产巩固了其作为现实世界中财务应用的高通量区块链的地位，从而提高了SOL令牌的价值。

A Look Back: Mirror Protocol and the Evolution of Tokenization

回顾：镜像协议和令牌化的演变

Remember Mirror Protocol from the DeFi summer of 2020? It allowed users to mint synthetic assets (mAssets) to track stock prices. While innovative, it relied heavily on oracles and the stability of UST, with no actual stock backing. The SEC later intervened, deeming mAssets unregistered securities.

还记得2020年夏季的镜子协议吗？它允许用户造成合成资产（Massets）来跟踪股票价格。虽然创新，但它严重依赖于甲壳和UST的稳定性，没有实际的库存支持。 SEC后来进行了干预，认为无注册的证券被认为。

Today, things are different. xStocks, for example, is custodied by regulated brokers, ensuring the cash value of stocks purchased can be redeemed. Every on-chain purchase is anchored by a real stock purchase. This wave of U.S. stock tokenization is led by traditional financial giants and compliant enterprises, prioritizing compliance and adhering to regulations.

今天，情况有所不同。例如，Xstocks由受监管的经纪人拘留，以确保可以兑换购买的股票的现金价值。每次链上购买都是由实际购买的股份。美国股票令牌化的浪潮由传统的金融巨头和符合企业的企业领导，优先考虑合规性并遵守法规。

The Future of Tokenization

令牌化的未来

The convergence of TradFi and DeFi, driven by tokenization, is creating exciting opportunities for traders and reshaping market infrastructure. With BlackRock, Crypto.com, and Solana leading the charge, we're seeing the emergence of new forms of collateral, yield-bearing instruments, and direct on-chain exposure to traditional equities.

由令牌化驱动的Tradfi和Defi的融合为贸易商创造了令人兴奋的机会，并重塑了市场基础设施。凭借BlackRock，Crypto.com和Solana领导了指控，我们看到了新形式的抵押品，承担屈服工具以及直接接触传统股票的链上。

Final Thoughts

最后的想法

So, what does all this mean? Well, it looks like the financial world is finally catching up with the crypto revolution. Who knew you could earn yield on your collateral while trading crypto? It's like having your cake and eating it too! The future of finance is here, and it's tokenized!

那么，这意味着什么？好吧，似乎金融界终于赶上了加密革命。谁知道您可以在交易加密货币时赚取收益？这就像吃蛋糕也吃了！财务的未来就在这里，它已被象征化！