Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B

According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital Liquidity Fund, also known … Read more

62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize

According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising $47 million. May Sees $474M Invested in Blockchain Startups Since the start of … Read more

Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize

Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on the transformative capabilities of tokenization for global capital markets. Blackrock Leads … Read more

NBA Star Spencer Dinwiddie Just Tokenized His Own Contract

The news that Brooklyn Nets star Spencer Dinwiddie was to roll out an Ethereum-based investment vehicle for his own contract took the NBA and crypto communities by surprise. Disregarding an NBA threat to ban him from the professional basketball league, the 26-year-old point guard – who tellingly describes himself as “a tech guy with a … Read more