BlackRock receives memecoins, NFTs after depositing $100M USDC onchain

The transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.

Asset managment giant BlackRock is now the owner of at least $40,000 in memecoins and nonfungible tokens (NFTs), after onchain sleuths sniffed out one of its supposed wallets connected to a new tokenization fund. 

Data shows a $100 million USD Coin (USDC) deposit was made on Ethereum on March 15 — exactly one day after the firm made a filing to offer its BlackRock USD Institutional Digital Liquidity Fund via a partnership with San Francisco-based asset tokenization firm Securitize.

Unnamed crypto users have sent at least 40 coins and 25 NFTs to the BlackRock-labeladdress since March 19, ranging from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.

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