BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
BlackRock may have just reopened the case for earning yield in crypto, reframing ETH as yield plus price exposure.
The layer-1 blockchain will focus on DeFi speculation and providing storage and settlement for stablecoins and tokenized assets.
Despite recent market fluctuations, BUIDL's 19.6% increase in holders and $269 million transfer volume suggest strong institutional engagement.
BlackRock is a global investment management firm and one of the largest asset managers in the world, with a growing presence in digital assets and blockchain related financial products.
