BitcoinBeginnerLarry Fink, CEO of BlackRock, has warned that the US dollar might lose its position as the world’s reserve currency to Bitcoin or other digital assets if the United States does not address its growing debt. In his Annual Chairman’s Letter to Investors, Fink described decentralized finance as an…
#blackrock#crypto#tokenization
GeneralBeginnerOndo Finance has launched its own layer-1 blockchain designed specifically for institutional real-world asset (RWA) tokenization. This new blockchain aims to provide a more efficient, scalable, and compliant infrastructure for financial institutions looking to tokenize assets such as bonds,…
#blackrock#layer-1#tokenization
BitcoinBeginnerBlackRock, a global investment management giant, has launched the iShares Bitcoin ETF on the Cboe Canada exchange. This marks a significant milestone in the mainstream adoption of Bitcoin as an investment asset. The iShares Bitcoin ETF, trading under the ticker symbol IBIT, provides Canadian…
#blackrock#canada#crypto
BitcoinBeginnerMorgan Stanley‘s E-Trade division is considering adding direct cryptocurrency trading services to its platform. This move comes amid expectations of a more favorable regulatory environment under the Trump administration. The wealth manager allegedly highlighted anticipation of a more favorable…
#altcoin#blackrock#coinbase
GeneralBeginnerThe Frax community has voted to approve a proposal to use BlackRock’s United States dollar Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin. The proposal, identified as FIP-418, passed unanimously after six days of voting. This move signifies…
#altcoin#blackrock#defi
GeneralBeginnerThe Frax Finance community has launched a key vote to include BlackRock’s BUIDL token as a supporting asset for the Frax USD stablecoin. This proposal, currently under governance review, seeks to leverage the stability and security offered by BUIDL, a tokenized representation of BlackRock’s US…
#altcoin#blackrock#defi
GeneralBeginnerSecuritize, the broker-dealer for BlackRock’s BUIDL tokenized money market fund, has submitted a governance proposal to the Frax DAO. This proposal involves using the BUIDL token as collateral for the relaunched Frax USD stablecoin. This move signifies a significant step towards integrating…
#altcoin#blackrock#defi
AptosBeginnerAptos co-founder and CEO Mo Shaikh has announced his resignation to embark on a new venture. Shaikh, who co-founded Aptos Labs in 2021 with Avery Ching, played a pivotal role in the development and launch of the Aptos blockchain. In a recent social media post, Shaikh expressed his gratitude for…
#blackrock#coinbase#developers
AptosBeginnerBlackRock, the world’s largest asset manager, has announced the expansion of its tokenized USD Institutional Digital Liquidity Fund, known as BUIDL, to five new blockchains: Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. This move aims to broaden access to the fund and enhance its…
#blackrock#crypto#daos
AvalancheBeginnerLibeara, a prominent tokenization platform, and FundBridge Capital, a renowned compliance tool provider for investment managers, have recently launched a groundbreaking initiative: the launch of a tokenized United States Treasury bill (T-Bill) fund on the Avalanche (AVAX) network. This strategic…
#blackrock#crypto#defi
BitcoinBeginnerBlackRock’s iShares Ethereum Trust ETF (ETHA) witnessed a significant surge in inflows on November 8th, attracting $60.3 million. This marks the highest daily inflow for the fund in the past 94 days, according to Farside data. The influx coincides with Ether’s price hovering near the $3,000 mark,…
#blackrock#crypto#etfs