17 Nov, 2024

BlackRock Joins Asset Tokenization Race with New Fund on Ethereum Network

BlackRock (BLK), a leading asset management firm, has officially launched its tokenized asset fund on the Ethereum network. Introduced as the BlackRock USD Institutional Digital Liquidity Fund, it is represented by the blockchain-based BUIDL token. This token is fully backed by cash, U.S. Treasury bills, and repurchase agreements, ensuring stability and security for investors. Yield […]

2 mins read