BUILD

Cryptocurrency

USDC

BlackRock

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/blackrock-integrates-cryptocurrency-with-tokenized-funds/" data-wpel-link="internal">BlackRock Integrates Cryptocurrency with Tokenized Funds</a> 
Four to five years ago, it would have been considered madness to suggest that the world’s largest asset manager would integrate <a href="https://en.coin-turk.com/vitalik-buterin-supports-significant-update-in-optimisms-superchainerc20-protocol/" data-wpel-link="internal">cryptocurrencies</a>. However, this has become a reality. BlackRock, along with other trillion-dollar asset managers, is now issuing <a href="https://en.coin-turk.com/wendyo-warns-bitcoin-investors-about-japanese-yen-strengthening/" data-wpel-link="internal">cryptocurrency</a> ETFs and has taken a significant step by making its own tokenized fund convertible into popular stablecoins. 
<h2 id="blackrock-and-usdc">BlackRock and USDC</h2> 
Today’s developments provide valuable insights into the direction of cryptocurrencies. BlackRock has partnered with Securitize to tokenize global assets, marking a new milestone. Their collaboration has led to the initiation of conversions between Circle’s stablecoin and BlackRock’s USD Corporate Digital Liquidity Fund (BUIDL). 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-397310 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/blackrock.jpg" alt="" width="1290" height="394"> 
Currently, the company is minting BUILD Tokens on the Ethereum network in collaboration with BlackRock. This indicates that the trillion-dollar asset manager has had its own Ethereum <a href="https://en.coin-turk.com/dogwifhat-wif-sees-notable-price-increase-and-whale-activity/" data-wpel-link="internal">token</a> for some time. Carlos Domingo, CEO of Securitize, stated in today’s announcement: 
<blockquote> 
 “This integration allows digital asset companies to remain on-chain throughout the entire investment lifecycle, enabling nearly instantaneous and transparent settlements and transfers across platforms.” 
</blockquote> 
The post <a href="https://en.coin-turk.com/blackrock-integrates-cryptocurrency-with-tokenized-funds/" data-wpel-link="internal">BlackRock Integrates Cryptocurrency with Tokenized Funds</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

BlackRock Integrates Cryptocurrency with Tokenized Funds

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