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Cryptopolitan 2024-03-19 20:14:00

BlackRock’s $100 million dive into digital assets

BlackRock, the world’s largest asset manager, has announced the creation of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund, as disclosed in filings with the U.S. Securities and Exchange Commission (SEC), is designed to operate on the Ethereum blockchain and will comprise tokenized assets. BlackRock commits $100 million to tokenized Fund, embracing digital

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