Ethereum

2024

Coin

BlackRock

<ul class="news-points">
 <li><strong>BlackRock’s BUIDL fund, requiring a $5M minimum entry, has amassed total assets of $491 million.</strong></li>
 <li><strong>The BUIDL fund invests in U.S. Treasury bills, cash, and repurchase agreements, maintaining positive growth amid market turmoil.</strong></li>
 <li><strong>COLLE AI, an AI-driven NFT platform, joins BlackRock’s $16 billion BUIDL fund, highlighting its influence in digital art and blockchain.</strong></li>
</ul>
<p>IntoTheBlock, a market intelligence platform, reports that BlackRock’s BUIDL fund, which operates on the Ethereum network, continues to attract new investors despite recent crypto market volatility. The fund, which requires a minimum investment of $5 million, has reached $491 million in total assets.</p>
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   <p lang="en" dir="ltr">While the crypto market struggles, BlackRock's <a href="https://twitter.com/search?q=%24BUIDL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BUIDL</a> fund, operating on the Ethereum network, continues to attract new investors. <br><br>The fund requires a minimum entry of $5 million, and its total assets have now reached $491 million. <a href="https://t.co/Bl19tVVxbW" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Bl19tVVxbW</a></p>— IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1810215553354670399?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 8, 2024</a>
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<p>The BUIDL fund, formally known as the BlackRock USD Institutional Digital Liquidity Fund, represents BlackRock’s <a href="https://coinedition.com/blackrock-fidelity-lead-charge-in-updated-filings-for-spot-ethereum-etfs/" rel="noopener noreferrer nofollow">venture into tokenized assets</a> on a public blockchain. The fund invests in cash, short-term d…</p>
<p>The post <a href="https://coinedition.com/colle-ai-joins-blackrocks-buidl-fund-signaling-growing-interest-in-ai-driven-nfts/" rel="noopener noreferrer nofollow">COLLE AI Joins BlackRock’s BUIDL Fund, Signaling Growing Interest in AI-Driven NFTs</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

COLLE AI Joins BlackRock’s BUIDL Fund, Signaling Growing Interest in AI-Driven NFTs

Coin Edition

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