BlackRock

BlackRock, the world’s largest asset manager, has launched a new tokenized fund on Ethereum, according to a March 19 filing with the Securities and Exchange Commission. The fund, resulting from a collaboration with Securitize, aims to boost market accessibility and real-world asset tokenization. BlackRock Announces New Fund The fund called the BlackRock USD Institutional Digital Liquidity Fund, is based in the British Virgin Islands and results from a partnership with Securitize. While details regarding the fund are under wraps, the…

BlackRock – the world’s largest asset manager – has launched a Bitcoin private trust offering clients direct Bitcoin exposure. This will give U.S. institutional customers exposure to Bitcoin’s price, less the trust’s expenses and liabilities.  BlackRock's Clients Want Bitcoin On Thursday, BlackRock stated that its clients have shown “substantial interest” in gaining cost-effective crypto exposure through its platform. Bitcoin, it said, is a particular eye-catcher: “Bitcoin is the oldest, largest, and most liquid crypto asset, and is currently the primary…

BlackRock is one of those asset management firms that often creates new exchange-traded funds (ETFs). However, the news of BlackRock's latest filing has made a lot of excitement in the blockchain world. The company announced its intention to open a fund to replicate the performance of the crypto sector. However, behind this statement, reported by many websites, some crucial nuances arise. Our article will analyze the news in detail, adding no information regarding BlackRock's position on cryptocurrencies. BlackRock is pursuing…