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CryptoGlobe 2024-03-21 20:53:00

BlackRock’s $100 Million Institutional Fund Wallet Flooded With Memecoins, NFTs

The world’s largest asset manager BlackRock has recently launched its first Ethereum-based tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which saw the firm fund an Ethereum wallet with $100 million worth of USDC. This initial foray into crypto, however, has taken an unexpected turn. Following the public identification of BlackRock’s wallet address, a

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