Therefore, the collaboration with Securitize undoubtedly reaffirms the market's recognition of BlackRock's optimism towards the RWA track. As a representative of traditional finance, BlackRock's Bitcoin ETF holdings have reached $15 billion. Entering the RWA field is an important strategic move for BlackRock to embrace digital assets after ETFs, and it has become a significant driving force for the RWA track in the cryptocurrency field.