BlackRock Pivots to RWA, With Planned Ethereum Tokenized Asset Fund

On March 19, BlackRock revealed that it is preparing to offer a fund through a partnership with digital asset tokenization specialist Securitize.to the US Securities and Exchange Commission, the Wall Street giant plans to launch the “BlackRock USD Institutional Digital Liquidity Fund.” However, the total size of the fund was not disclosed.hosting it had its first transfer around two weeks ago, according to Etherscan. It contains 100 BUIDL tokens and has one holder.

Ethereum prices did not react to the news and retreated a further 5.8% on the day, falling to $3,150 during early Asian trading on Wednesday.

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