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BlackRock, With $11.5 Trillion AUM, Expands Blockchain Fund to Solana in Partnership With Securitize

BlackRock, the world's largest asset manager with $11
By: DeepNewz • March 25, 2025
BlackRock, With $11.5 Trillion AUM, Expands Blockchain Fund to Solana in Partnership With Securitize

BlackRock, the world's largest asset manager with $11.5 trillion in assets under management, has expanded its blockchain-based money market fund to the Solana blockchain. This move is part of a partnership with the startup Securitize, aimed at integrating traditional financial products with blockchain technology.

The BUIDL fund, managed by BlackRock, invests investors' USD into overnight repos and Treasury Bills, leveraging the efficiency and transparency of blockchain technology.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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