Aptos

BlackRock

In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency and speed of asset transactions. 
Just last week, BlackRock, the world’s largest asset manager, has positioned itself at the forefront of this movement with the <a href="https://bitcoinist.com/ethereum-blackrock-yield-bearing-stablecoin/" target="_blank" rel="noopener nofollow">launch</a> of a $100 million tokenization fund, which has already attracted over $240 million in investment within its first week. 
Larry Fink, CEO of BlackRock, has been vocal about the potential of tokenization, stating that RWAs “could revolutionize, again, finance.” This comment has contributed to a notable surge in the valuation of several RWA crypto tokens in recent weeks. In light of these developments, crypto analysts from Layergg have identified a specific crypto project that they believe could garner significant interest from BlackRock. 
<h2 id="why-blackrock-could-choose-aptos">Why BlackRock Could Choose Aptos</h2> 
The project in question is Aptos, which has been earmarked for its potential in the RWA space. According to Layergg’s <a href="https://twitter.com/layerggofficial/status/1772933112487715163" target="_blank" rel="noopener nofollow">analysis</a> shared on X (formerly Twitter), the narrative surrounding RWA and tokenization, bolstered by BlackRock’s involvement, suggests a nascent yet rapidly growing interest in this sector. 
They highlight that mid to low cap RWA projects listed on <a href="https://www.newsbtc.com/analysis/xrp/94-million-xrp-exits-binance/" target="_blank" rel="noopener ">Binance</a> have performed exceptionally well, indicating a broader market interest spurred by narrative-driven investment strategies. However, the favorite crypto project for BlackRock could be Aptos. 
A closer look at Aptos reveals several factors that might make it an attractive partner for BlackRock. Firstly, Aptos is poised to make a significant announcement related to RWA in April, coinciding with the Aptos DeFi DAYS event from April 2 to 5. 
<img loading="lazy" decoding="async" class="wp-image-600208 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920" alt="Aptos DeFi Days" width="1920" height="1920" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=1920 1920w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=200 200w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=42 42w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=75 75w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=350 350w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2MdGbgAAXxpP.jpg?resize=1920%2C1920?w=1140 1140w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1"> 
This announcement is speculated to involve a partnership with a global asset management firm, potentially BlackRock. “A partnership with a global asset management firm is expected to be announced. It is speculated that this may include BlackRock,” the analysts remarked. 
The basis for this speculation includes Aptos CEO Mo Shaikh’s previous tenure at BlackRock, suggesting pre-existing industry connections that could facilitate such a partnership. 
<img loading="lazy" decoding="async" class="wp-image-600210 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2XKQa0AAzH2d.png?resize=594%2C332" alt="Aptos founder Mo Shaikh" width="594" height="332" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2XKQa0AAzH2d.png?resize=594%2C332?w=594 594w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2XKQa0AAzH2d.png?resize=594%2C332?w=460 460w" sizes="(max-width: 594px) 100vw, 594px" data-recalc-dims="1"> 
Moreover, Aptos founder Mo Shaikh &amp; head of ecosystem at Aptos Labs Neil H hinted at this early on. In mid-February Shaikh revealed via X: “I sat down with three of the world’s largest asset managers this week A little preview…while the year started with ETFs, it will conclude with RWA on-chain en masse, growth in Asia and all using parallelisation on Aptos See you in Hong Kong.” 
On February 21, Shaikh also commented on a post on X by Dan Morehead, founder and managing partner at Pantera Capital. Morehead stated, “Tomorrow I’ll be speaking at BlackRock’s Institutional Digital Assets Summit. […] The existence of that Summit **IS** the massive change. Really excited about this.” Mo Shaikh mysteriously commented, “There’s Summit to this.” 
<img loading="lazy" decoding="async" class="wp-image-600209 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559" alt="Clues from the Aptos founder " width="1280" height="559" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559?w=1280 1280w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/03/GJq2TDlbkAAZFGN-1.jpg?resize=1280%2C559?w=1140 1140w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1"> 
Besides that, Adam Cader, founder of Thala Labs recently stated via X that “something is cooking for Aptos. I’m a co-founder of the largest application on the network, and here’s my list of upcoming significant ecosystem wide catalysts.” Cader referenced Shaikh’s statement and added that Blackrock, Vanguard, and <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-750000-fidelity-advises-1-3-allocation/" target="_blank" rel="noopener ">Fidelity</a> are the three largest asset managers in the world. 
“If I had to guess this refers to either them using the chain in some way / integrating it into one of their products which has precedent in the TradFi world. Also note Blackrock is the most crypto-aligned of the bunch,” he said via X. Crypto Revolution: Will APT Follow AVAX? 
But that’s not all. Aptos has been hinted to explore partnerships with other major asset management firms, including <a href="https://www.newsbtc.com/news/ethereum/ethereum-etf-franklin-templeton-enters-the-fray-as-price-rallies/" target="_blank" rel="noopener ">Franklin Templeton</a>, which has previously invested in Aptos (tier 3) and planned to utilize its blockchain for money market funds. 
Such strategic alliances could position Aptos similarly to how Avalanche benefited from its partnerships in the <a href="https://www.newsbtc.com/crypto/pro-xrp-lawyer-deaton-top-10-cryptos/" target="_blank" rel="noopener ">Project Guardian</a> initiative (JPMorgan and Wisdomtree), experiencing a substantial price increase post-announcement. “Avalanche saw a price increase of more than 4x following the ‘Project Guardian’ news,” Layergg noted. 
They concluded, “If a partnership with BlackRock proceeds, more ‘Big partnerships’ will naturally follow.” 
At press time, APT traded at $17.59, up 87% over the past five weeks. 
<img loading="lazy" decoding="async" class="wp-image-600212 size-full" src="https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673" alt="Aptos price" width="3628" height="1673" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=3628 3628w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=2048 2048w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=1140 1140w, https://www.newsbtc.com/wp-content/uploads/2024/03/APTUSD_2024-03-28_15-11-34.png?resize=3628%2C1673?w=3000 3000w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1">

Why BlackRock Could Bet On This RWA Token: Crypto Analyst

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