BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network
BlackRock to start a new real-world asset (RWA) tokenization fund on the Ethereum network.The asset management giant also made strategic investments in asset tokenization company Securitize.Asset management giant BlackRock (BLK) officially unveiled its tokenized asset fund on the Ethereum network on Wednesday.The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will ...
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