The Bad Placeqwant news | ‘Making Them Obsolete’—Broker’s $100M Deal As BlackRock Goes On-Chain
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REAL Technologies, the parent of REAL Finance, announced its first securities‑tokenization deal with EU‑regulated broker Factori AD, launching a pipeline of more than $100 million in client assets. The inaugural trade tokenizes 5 million warrants of Alpha Bulgaria AD (≈€13.75 million) on an EVM‑compatible blockchain, while Factori AD handles onboarding, KYC/AML, licensed OTC execution and custodial services, and the Bank of New York provides international custody. CEO Ivo Grigorov, a former ECB staffer, says the partnership validates growing institutional demand for compliant on‑chain settlement and positions REAL as one of the few EU‑based players able to operate under the MiCA and DLT Pilot regimes. He predicts over 30 % of financial instruments will trade on‑chain within five years, noting that the broader market is seeing similar moves from BlackRock, JPMorgan’s Kinexys, and other major firms, with tokenized real‑world assets projected to reach roughly $16 trillion by 2030.
#BlackRock #REALTechnologies #FactoriAD #AlphaBulgaria #LarryFink #Grigorov
