BlackRock's New Tokenized Asset Fund Unveiled in SEC Document
Tuesday, 19 March 2024, 19:39
BlackRock's New Tokenized Asset Fund
BlackRock has unveiled a new tokenized asset fund in an update to its securities filing with the SEC. The fund, initially funded with a substantial $100 million, was invested in USDC stablecoin via the Ethereum network. This latest development highlights BlackRock's endeavor to incorporate blockchain technology into traditional asset management practices.
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