BlackRock's $100 Million Institutional Fund Wallet Flooded With Memecoins, NFTs  

Marczek Yanukowski

Market 4 months ago
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The world's largest asset manager BlackRock has recently launched its first Ethereum-based tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which saw the firm fund an Ethereum wallet with $100 million worth of USDC. This initial foray into crypto, however, has taken an unexpected turn.
  • institutions
  • NFT