Faster global financial news!
BlackRock's on-chain tokenized assets total $2.93 billion, with Ethereum accounting for $1.1 billion
Svmuu News: BlackRock currently manages $2.93 billion in on-chain tokenized assets, with Ethereum leading the way at $1.1 billion, ahead of Avalanche, Solana, and BNB Chain. Its primary on-chain assets are concentrated in the Blackrock USD Institutional Digital Liquidity Fund (BUIDL), which was launched in 2024 by Blackrock in partnership with the issuance platform Securitize. The fund holds cash, U.S. Treasury bonds, and repurchase agreements, with investor shares represented in the form of blockchain tokens. BUIDL has expanded from Ethereum to eight networks, including Solana, Polygon, Avalanche, Arbitrum, Optimism, Aptos, and BNB Chain. BlackRock also filed a document with the SEC on May 8, announcing plans to launch two new tokenized money market funds, BSTBL and BRSRV, aimed at stablecoin issuers and holders. (Bitcoin.com News).
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Meta rose 3.01% from its previous close, now trading at $630.935.
-
2
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
3
Cryptocurrency Exchange Fee Comparison: How to Choose the Lowest-Cost Buying and Selling Channels?
-
4
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
-
5
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
-
6
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
-
7
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
-
8
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
-
9
DOGE (Dogecoin) Trading Guide and Exchange Listings
-
10
China's AI stock bubble has burst, with $340 billion in market cap losses
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
