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In a strategic move aiming to merge traditional finance with digital assets, investment management titan BlackRock has officially unveiled plans for a tokenized asset fund. The initiation of the BlackRock USD Institutional Digital Liquidity Fund signifies a bold step towards integrating blockchain technology into asset management. The initiative, incorporated within the jurisdiction of the British…
BlackRock, the world’s largest asset management firm, is extending its embrace of Bitcoin Exchange Traded Funds (ETFs). Following its recent application to the Securities and Exchange Commission (SEC) for the Strategic Income Opportunities Fund, BlackRock is now seeking approval for its Global Allocation Fund (MALOX) to include Bitcoin. Bitcoin Enriching BlackRock’s Strategic Investment Landscape BlackRock,…