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Bitcoin.com 2024-03-19 23:30:28

Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum

The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named the “Blackrock USD Institutional Digital Liquidity Fund” or BUIDL on the Ethereum blockchain.

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