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Blackrock Unleashes Digital Money Apocalypse: 5 New Blockchains About to Turn Your Savings Into a Never-Ending Game of Crypto Jenga

A  illustration depicting a giant pile of cryptocurrency blocks with dollar signs and financial symbols melting into each other like Jenga pieces. A worried-looking investor in the background, surrounded by screens displaying various blockchain logos (Ethereum, Aptos, Arbitrum, Avalanche, Optimism, Polygon). The atmosphere is tense and chaotic.

Blackrock’s latest crypto conquest: because who needs actual money when you can just tokenize it and call it a day? The big boys are at it again, expanding their digital cash gravy train to 5 new blockchains. Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL), that fancy-schmancy tokenized money market fund, is now going to be available on Aptos, Arbitrum, Avalanche, Optimism, and Polygon. Because what’s a little more complexity in the already Byzantine world of high finance? It’s not like this just gives another way for scammers to peddle their worthless tokens or anything.

Source: bitcoin.com

Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL) is set to expand to Aptos, Arbitrum, Avalanche, Optimism, and Polygon. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize and first introduced on the Ethereum network in March 2024, will now extend access across several blockchains. BUIDL is a tokenized money market fund that invests primarily in short-term U.S. Treasury bills and other low-risk, interest-bearing securities. BUIDL is set to […]

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