2024

Solana

Shiba Inu

BlackRock

<div class="finbold"> 
 <p class="paragraph">The world’s largest institutional investor by assets under management (AUM), BlackRock Inc. (NYSE: BLK), has recently moved to create a tokenization fund allegedly focused on real-world assets (RWA).&nbsp;</p> 
 <p class="paragraph">This new endeavor is part of BlackRock’s dive into the cryptocurrency industry, already covering different branches. Notably, the company manages over $9.10 trillion worth of assets, a part of which is being directed to cryptocurrencies.</p> 
 <p class="paragraph">Now, cryptocurrency investors have started to speculate if the finance titan is already <a rel="dofollow" title="investing" href="https://thebittimes.com/tag/investing.html">investing</a> in their favorite <a rel="dofollow" title="tokens" href="https://thebittimes.com/tag/tokens.html">tokens</a>. However, much of this speculation comes from a landscape full of biases and inconclusive evidence, requiring a lot of caution.</p> 
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    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <p class="paragraph">As of writing, all we know is that <strong>(1)</strong> Larry Fink, BlackRock’s CEO, sees a bright future for the <a rel="dofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a>ization of all assets; <strong>(2)</strong> the company has filed with the Securities and Exchange Commission (SEC) to launch a <a rel="dofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a>ization fund with Securitize; and <strong>(3)</strong> the latter has announced it will be called “BlackRock USD Institutional Digital Liquidity Fund (BUIDL),” in partnership with Anchorage Digital, BitGo, Coinbase, and FireBlocksHQ.</p> 
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
    <p lang="en" dir="ltr">Securitize is proud to announce we have partnered with @BlackRock. Together, we’re launching BlackRock USD Institutional Digital Liquidity Fund (BUIDL).<br><br>BUIDL will provide investors with the opportunity to earn U.S. dollar yields by subscribing to the fund with Securitize… pic.twitter.com/nDsNehOXJU</p>— Securitize (@Securitize) March 20, 2024 
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 </figure> 
 <h2 class="wp-block-heading" id="h-beware-of-rumors-on-blackrock-tokens-investments">Beware of rumors on BlackRock tokens’ investments</h2> 
 <p class="paragraph">Yet, the rumors are already in the open, as projects, influencers, analysts, and researchers try to capitalize on BlackRock’s endeavor.</p> 
 <p class="paragraph">For example, the pseudonym account on X (formerly Twitter), <em>Reflections</em>, posted a list of “RWA tokens [BlackRock] is currently buying.”</p> 
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
    <p lang="en" dir="ltr">4/➮ With the help of @ArkhamIntel, I delved into the Blackrock holdings to see which RWA <a rel="dofollow" title="tokens" href="https://thebittimes.com/tag/tokens.html">tokens</a> it's currently buying<br><br>Here's the list of RWA projects with the highest potential for 2024 pic.twitter.com/8qlDZlhoCJ</p>— Reflection (@0xReflection) March 26, 2024 
   </blockquote> 
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 </figure> 
 <p class="paragraph">Also, a Real Estate RWA project, Bixos, recently celebrated seeing their low-cap token, UBXS, featured on an account the investment titan supposedly owns.</p> 
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  <img decoding="async" width="1024" height="231" src="https://cdn.thebittimes.com/images/2024/03/27/b78f9019e9a4565a76b5d2e0cf179f07.webp" alt class="wp-image-164043" srcset="https://cdn.thebittimes.com/images/2024/03/27/b78f9019e9a4565a76b5d2e0cf179f07.webp 1024w, https://cdn.thebittimes.com/images/2024/03/27/b78f9019e9a4565a76b5d2e0cf179f07.webp 300w, https://cdn.thebittimes.com/images/2024/03/27/b78f9019e9a4565a76b5d2e0cf179f07.webp 768w, https://cdn.thebittimes.com/images/2024/03/27/b78f9019e9a4565a76b5d2e0cf179f07.webp 1536w, https://cdn.thebittimes.com/images/2024/03/27/b78f9019e9a4565a76b5d2e0cf179f07.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
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   0x13e003a57432062e4EdA204F687bE80139AD622f account summary. Source: <em>EtherScan</em>
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 </figure> 
 <h3 class="wp-block-heading" id="is-blackrock-investing-in-the-tokens-its-crypto-wallet-holds">Is BlackRock investing in the tokens its crypto wallet holds?</h3> 
 <p class="paragraph">Understanding how cryptocurrency wallets work is crucial to avoid following rumors with potentially negative financial implications. Essentially, anyone can send any <a rel="dofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> to any desired wallet address without the other party’s consent.</p> 
 <p class="paragraph">Historically, legitimate and questionable projects, meme coins, and even financial scams have used this feature as a tactic to attract retail attention to specific cryptocurrencies.</p> 
 <p class="paragraph">The most famous of them was a reportedly unsolicited receipt of Shiba Inu (SHIB) tokens by Ethereum’s (ETH) creator, Vitalik Buterin. Buterin later donated the tokens to charity, as reported by <em>Forbes</em> in 2021. This was SHIB’s debut in the spotlight, demonstrating how effective these unsolicited gifts can be in this market.</p> 
 <p class="paragraph">In conclusion, there is no evidence that BlackRock is already purchasing and investing in RWA tokens. Nevertheless, the company’s interest in the ecosystem is real and the market will soon hear more from the institutional investor.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/is-blackrock-investing-in-rwa-tokens-here-s-what-we-know-tbt83682.html">https://thebittimes.com/is-blackrock-investing-in-rwa-tokens-here-s-what-we-know-tbt83682.html</a></p>

Is BlackRock investing in RWA tokens? Here’s what we know

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