The World’s Largest Asset Manager Is Using Ethereum to Power Its First Tokenized Fund

In an innovative move marking its first foray into blockchain-based financial products, BlackRock has introduced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), according to a press release from 20 March 2024. This groundbreaking tokenized fund, issued on the Ethereum blockchain, aims to provide qualified investors with the ability to earn US dollar yields by…