BlackRock Embraces Blockchain with BUIDL Fund, Holds 4 Meme Coins
BlackRock Now Holds Meme Coins
BlackRock introduced BUIDL, offering qualified investors a channel to earn returns on their US dollars via blockchain. This marks a significant departure from traditional investment mechanisms, promising to redefine the financial system.
This is the latest progression of our digital assets strategy. We are focused on developing solutions in the digital assets space that help solve real problems for our clients, said Robert Mitchnick, BlackRock’s Head of Digital Assets.
The strategic maneuver into the crypto market was underscored by a notable transaction where $100 million in USDC. Presumably, the funds serve as the financial bedrock for BUIDL.
- DETF Token (DETF), with 250,000 tokens valued at $15,385.66
- Realio Network (RIO), comprising 10,000 tokens worth around $13,800.10
- unshETHing_Token (USH), totaling 500,000 tokens, estimated at $12,749.20
- Shina Inu (SHI), amounting to 9,197,214,541 tokens worth $9,165.50
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.