BlackRock’s Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton’s Older Offering
The tokenized U.S. Treasury market is poised to reach $1 billion “very soon” given the growth of BlackRock’s BUIDL, an analyst noted.
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The tokenized U.S. Treasury market is poised to reach $1 billion “very soon” given the growth of BlackRock’s BUIDL, an analyst noted.
BlackRock CEO Larry Fink isn’t worried about the U.S. Securities and Exchange classifying Ethereum’s ether as a security.
The allocation marks to first example of a crypto protocol leveraging BlackRock’s tokenized fund for its own offering.
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.
Following the outlawing of the crypto mixing service Tornado Cash by United States authorities, the platform has remained operational outside … Continue reading
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“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
BlackRock Inc (NYSE: BLK) is the world’s largest asset manager with $10 trillion in assets under management (AUM). Now, the … Continue reading
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The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than the largest corporate holder, MicroStrategy (MSTR).
The iShares Bitcoin Trust (NASDAQ: IBIT), owned by BlackRock Inc. (NYSE: BLK), has been trading since January 11. Nearly 40 … Continue reading
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