BlackRock Launches $100M Tokenized Asset Fund with Securitize on Ethereum
- BlackRock created a tokenized asset fund filed with the SEC
- The fund is called BlackRock USD Institutional Digital Liquidity Fund
- It was incorporated in the British Virgin Islands and launched with Securitize
- The fund was seeded with $100 million in USDC stablecoin on Ethereum
- BlackRock CEO said tokenization is the future direction for the company