According to Forbes, in the latest move by traditional financial institutions to embrace blockchain and tokenized assets, banking giant Bank of New York Mellon (BNY) has partnered with BlackRock to launch a real-time reporting tool - Digital Assets Data Insights. The collaboration between these two financial giants to develop on chain valuation and reporting tools is bound to have a significant impact on the accounting and reporting discussions of cryptocurrencies. In short, this tool will allow for the direct publication of net asset value (NAV) data onto selected blockchains without relying on third-party accounting services. The benefits associated with this tool include: 1) Bank of New York Mellon can directly publish NAV data on the chain; 2) Due to the improvement of transparency and real-time information, the reputation of tokenized funds has been enhanced; 3) Other products can benefit from a more comprehensive toolkit tailored specifically for tokenization information.