BlackRock is expanding its presence in the crypto and blockchain space. Here are some
recent developments:
1. BUIDL tokenized money market fund expands to five more blockchains:
BlackRock has expanded BUIDL, a tokenized money market fund, to five new blockchains: Aptos, Arbitrum, Avalanche, Optimism’s OP mainnet, and Polygon. This expansion allows for greater accessibility and interoperability for the fund.
2. Partnership with Partners Group to transform retail wealth access to private markets:
BlackRock has partnered with Partners Group to launch a modular solution for multiple private markets. This solution will provide individual investors with access to private equity, private credit, and real assets through a single wallet, simplifying the process and making it more accessible.
3. Launch of a new European fixed-term high-yield bond fund:
BlackRock has launched the European fixed-term high-yield bond fund BGF 2027, a fixed-term bond fund designed to take advantage of high yields and offer investors a combination of income distribution and capital appreciation.
These are just a few examples of BlackRock’s recent expansions. The company continues to innovate and explore new opportunities across various financial sectors, including the emerging cryptocurrency and blockchain space.
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