BlackRock launches $100 million tokenized asset fund using Eth | • CRYPTO NEWS • #BTC • #ETH •
BlackRock launches $100 million tokenized asset fund using Ethereum
BlackRock, the world’s largest asset management firm, has created a new tokenized asset fund, according to a March 19 SEC filing. The initiative — dubbed the BlackRock USD Institutional Digital Liquidity Fund — is registered in the British Virgin Islands and developed in partnership with San Francisco-based Securitize, a company focused on asset tokenization. The companies have yet to make a public announcement and did not respond to a request for comment as of press time.
