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Additionally, we are observing increasing tokenization efforts in money market funds, with significant players like BlackRock and Franklin Templeton venturing into this domain. There’s a noticeable uptick in the willingness of crypto-native firms, such as KKR and Pari, to engage with tokenization. These companies are beginning to "eat their own cooking" by incorporating blockchain technology within their operational frameworks. For instance, Pari has launched a new fund, utilizing blockchain technology to allow individual Limited Partners (LPs) to buy and trade LP units, thereby enhancing price discovery and liquidity.