BlackRock Creates Tokenized Asset Fund
According to a document submitted to the U.S. Securities and Exchange Commission (SEC), investment management giant BlackRock has created a tokenized asset fund registered in the British Virgin Islands, and will collaborate with tokenization company Securitize. Blockchain data shows that the fund has injected 100 million USDC stablecoins into the Ethereum network.
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BlackRock ETHA sees a cumulative net inflow of $222.9 million over the past two weeks