News Score: Score the News, Sort the News, Rewrite the Headlines

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 ...

Read more at coindesk.com

© News Score  score the news, sort the news, rewrite the headlines