BlackRock Launches $100 Million Crypto Fund Focused on Tokenized Assets

• BlackRock launched a $100M crypto fund through an SEC filing, partnering with Securitize • The fund will likely focus on real-world asset (RWA) tokenization to enhance liquidity • BlackRock transferred $100M USDC to Ethereum, possibly the fund's seed money • RWA tokens like Ribbon Finance and Ondo rallied on the news of institutional interest • This builds on BlackRock's growing commitment to crypto, including a BTC ETF filing