According to Blockworks, BlackRock, the world's largest asset manager, is set to further its involvement in the tokenization sector. This follows its lead in a $47 million funding round for Securitize, a firm specializing in the tokenization of physical and traditional financial assets. The two companies have previously collaborated, with BlackRock launching its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund, in March. This fund offers an alternative method for earning US dollar yields and is available to qualified investors via Securitize Markets.

Tokenization has been gaining traction among fintech firms and traditional finance giants, who note that blockchain technology can enhance transparency and reduce costs. BlackRock's CEO, Larry Fink, has referred to tokenized securities as 'the next generation for markets.' Joseph Chalom, BlackRock’s global head of strategic ecosystem partnerships, echoed this sentiment, stating that tokenization could significantly transform capital markets infrastructure. Chalom, who has now joined Securitize's board of directors, described the investment in Securitize as a step forward in BlackRock's digital assets strategy.

Other participants in the funding round included Hamilton Lane, ParaFi Capital, and Tradeweb Markets. Hamilton Lane, a private markets investment firm, had earlier in January 2023 made one of its equity funds available through a Securitize feeder fund tokenized on Polygon.

Updated Report About BlackRock’s Interest In XRP ETF
Recent reports indicate that BlackRock, the global wealth management leader, does not plan to introduce a new exchange-traded fund (ETF) based on XRP or other altcoins.
The company focuses on its current products rather than exploring new cryptocurrency ETFs.
BlackRock Prioritizes Bitcoin and Ethereum ETFsBloomberg ETF analyst Eric Balchunas recently shared updates, citing Jay Jacobs, the head of BlackRock’s ETF division.
Jacobs clarified that the firm’s immediate focus is on expanding the reach of its Bitcoin and Ethereum spot ETFs, which are still in the early stages of adoption among their client base.
As such, BlackRock has no intention of launching new ETFs for XRP or other altcoins soon.
Chinese cryptocurrency journalist Colin Wu also weighed in, reminding the community of the broader regulatory context in the U.S.
He noted that while the Securities and Exchange Commission (SEC) may approve ETFs for altcoins like XRP and SOL by the end of next year, BlackRock remains committed to its current offerings.
Rumors and Recent Developments
Earlier in November, there were rumors regarding BlackRock’s interest in an XRP ETF after a false filing surfaced.
This filing, labeled as a request to establish an iShares XRP Trust, was quickly debunked by BlackRock, which confirmed it had no association with the document.
In contrast, other asset managers have moved forward with legitimate filings for XRP-focused ETFs. For instance, WisdomTree applied for a spot XRP ETF in late November.
Other firms, such as Bitwise, 21Shares, and Canary Capital, have also filed for XRP ETFs throughout the year, signaling a growing interest in the token as an investment vehicle.
Recent Movements and Market Performance
On the blockchain side, Ripple has been involved in significant transactions. Whale Alert, a prominent cryptocurrency tracker, reported a transaction involving 99 million XRP (approximately $234 million) transferred between two anonymous wallets.
Data from Bithomp revealed that the sender of this transaction was a wallet associated with Ripple, while the recipient was the U.S.-based BitGo platform, known for providing custodial services to financial institutions.
These movements follow two earlier transactions reported by Bithomp, in which Ripple transferred 380 million XRP and 200 million XRP—valued at a combined $1.5 billion in fiat.
Despite these transfers, the token has shown resilience in the market. Over the past week, its value has increased by approximately 2.8%, and the token is currently trading at $2.49
While regulatory developments could pave the way for ETFs in the future, BlackRock’s decision to focus on Bitcoin and Ethereum reflects its current strategic priorities.
At the same time, significant whale activity and Ripple’s involvement in large transactions suggest continued interest in the asset, which could influence its future adoption and market performance.
#XRP #BlackRock #Altcoins #cryptomarket #CryptoNews

The cryptocurrency market is changing rapidly, and 2025 promises new breakthroughs. Let's take a look at 5 key trends that could impact investors and technology in the near future.

1. Scaling Ethereum via Layer 2
$ETH continues to dominate thanks to updates and layer 2 solutions like Arbitrum and Optimism. Layer 2 will make transactions cheaper and faster, which is important for DeFi and NFTs.

The crypto market has been shaken to its core by an earth-shattering move from BlackRock, the world’s largest asset manager, overseeing a jaw-dropping $8 trillion in assets. At the heart of this monumental shift lies $XRP , a token poised to revolutionize global finance. But what does this mean for XRP holders? Could this be the pivotal moment that catapults $XRP into mainstream dominance? Let’s dive in.
🔑 What Just Happened?
BlackRock, a titan in traditional finance, has ventured boldly into the crypto ecosystem, signaling a new era of institutional involvement. With its unparalleled influence and resources, BlackRock's move could pave the way for a flood of financial giants into the blockchain space.
This seismic shift has positioned XRP, the frontrunner for cross-border payments, as a key player in this financial evolution.
💰 Why Is This Move a Game-Changer for $XRP ?
1. Institutional Support at Scale
BlackRock’s foray into crypto is a stamp of legitimacy. When the world’s most influential asset manager supports a sector, other institutions are bound to follow.
With more institutional money flowing into XRP, demand could skyrocket, driving up its price and market stability.
2. Blockchain for Payment Systems
Traditional payment systems are bogged down by high fees and inefficiencies. Blockchain solutions like XRP offer faster, cheaper, and more transparent transactions, making it a no-brainer for adoption by major financial institutions.
3. Mainstream Adoption Through Confidence
BlackRock’s involvement sends a clear message: Blockchain technology is here to stay. This vote of confidence could accelerate XRP’s journey toward becoming a staple in global finance.
🌍 XRP’s Path to Dominance
The path is becoming clearer:
Widespread Adoption: XRP is already a favorite among payment networks and financial institutions for its efficiency and scalability.
Global Reach: With institutional backing, XRP could become the go-to currency for international transactions, solidifying its position in global markets.
Limitless Potential: As more players join the blockchain revolution, XRP’s use case and adoption could extend far beyond payments into smart contracts, DeFi, and beyond.
⚡ Ripple Effect of BlackRock’s Move
BlackRock’s actions are not just about investing; they’re about reshaping financial systems. Here’s what XRP holders need to know:
1. Increased Liquidity: Institutional investments will bring more liquidity, reducing volatility and making XRP more appealing to larger markets.
2. Price Surge Potential: The increased demand from institutional buyers could push XRP’s price to levels never seen before.
3. Regulatory Confidence: BlackRock’s entry signals to regulators that crypto assets like XRP have a legitimate place in global finance, potentially clearing up murky regulatory waters.
🚀 What’s Next for XRP?
XRP is primed for a breakout, and BlackRock’s move may just be the catalyst. The combination of institutional support, growing adoption, and blockchain’s inevitable role in the future of finance means XRP holders are sitting on a potential goldmine.
💬 Share Your Thoughts!
Do you believe BlackRock’s involvement is the turning point for XRP’s journey to mass adoption? Could this spark the next financial revolution? Share your opinions below and let’s discuss the future of XRP together!
The Bottom Line: BlackRock’s entry is a wake-up call for anyone doubting the future of crypto. As the financial titans take their place in the blockchain world, XRP is shaping up to be one of the most pivotal assets in this transformation.
📈 Stay informed. Stay ready. The future of finance is unfolding right before our eyes.
#XRP #BlackRock #CryptoRevolution #BlockchainInnovation

BlackRock has recommended that companies allocate 2% of their portfolios to Bitcoin. Here’s what this could mean:
Potential Allocation Size:
If BlackRock allocates 2% of its assets under management (AUM), which total approximately $11.5 trillion, it would amount to a $230 billion investment in Bitcoin.On a global scale, if 2% of the total stock market capitalization (estimated at $110 trillion) were allocated to Bitcoin, this would result in a $2.2 trillion influx.
Current Accumulation:
BlackRock’s fund managers have already accumulated approximately $35 billion worth of Bitcoin.Should BlackRock fully realize a 2% allocation, this would involve an additional $195 billion or more in investments over the coming months or years.
Institutional Inflows:
Both BlackRock and Fidelity are observing significant daily inflows into their Bitcoin-related investment products.This growing institutional interest signals increasing trust in Bitcoin as a viable and strategic asset class.
Market Impact:
A 2% allocation by large institutions could substantially boost Bitcoin’s price, especially if more companies adopt Bitcoin as part of their investment portfolios.
This recommendation underscores Bitcoin’s rising importance as an asset class, with potential for significant price increases and broader adoption driven by institutional participation.
#BlackRock #crypto #Bitcoin #BTC #Altcoinseason2024
$DOT $NEAR $GALA

BlackRock Buys 5X More Bitcoin After Grayscale $150 Million Sale — What Next for BTC?

Bitcoin ETF issuer BlackRock bought $750 million BTC shortly after another issuer Grayscale sold $150 million.
The coin's SOPR suggests that long-term holders profit spend is higher, indicating that the price can still increase.
Analysis shows that Bitcoin price could break out of the ascending triangle and could climb toward $103,649 again.
BlackRock, the world’s largest asset manager, significantly increased its Bitcoin (BTC) holdings on Friday, December 6. This development came briefly after another asset manager, Grayscale, sold BTC worth $150 million.
The bold acquisition signifies BlackRock’s growing confidence in the flagship cryptocurrency. With institutional players continually buying after Bitcoin’s $100,000 milestone, here is what could be next for the coin.
Bitcoin Continues to Get BlackRock’s Backing
Bitcoin’s price surged to $100,000 for the first time on Thursday, December 5. Arkham Intelligence reported that the milestone prompted Grayscale, a Bitcoin exchange-traded fund (ETF) issuer, to sell $150 million worth of BTC.
In stark contrast, BlackRock, which is said to hold 500,000 BTC, took a different approach. The investment giant added $750 million to its Bitcoin holdings one day later, signifying confidence in the asset’s long-term prospects despite recent price swings.
According to BeInCrypto’s findings, this massive rise in BlackRock’s Bitcoin holding was vital in helping the cryptocurrency to retest $100,000 after it briefly dropped to $97,000. But the question now is: Will BTC continue to rise?
One way to know if Bitcoin’s price will continue to jump is to look at the SOPR. The SOPR stands for Spent Output Profits Ratio. It is calculated by dividing the profits held by Long-Term Holders (LTH) by the ones held by Short-Term Holders (STH).
When the ratio is high, it means LTHs have higher spent profits than STHs. In this instance, it means that the price is close to the local or market top. However, according to CryptoQuant, Bitcoin SOPR has dropped to 1.45, indicating that STHs have the upper hand, and the price is closer to the bottom than the top.
If this trend continues, then Bitcoin’s price might trade higher than $100,000 within the coming weeks.
BTC Price Prediction: $100,000 Could Just Be the Start?
From a technical perspective, Bitcoin’s price is trading within a symmetrical triangle on the 4-hour timeframe. A symmetrical triangle pattern signals a period of consolidation, where the price tightens between converging trendlines before a breakout or breakdown occurs.
A breakdown below the lower trendline often indicates the beginning of a bearish trend, while a breakout above the upper trendline typically marks the start of a bullish trend.
Furthermore, the Chaikin Money Flow (CMF) is in the positive region, indicating notable buying pressure. Should this remain the same and BlackRock Bitcoin holdings increase, BTC price could climb to $103,649.
In a highly bullish scenario, Bitcoin’s value could rise to $110,000. However, if institutions like Grayscale continue to sell in large volumes, this might not happen. Instead, Bitcoin’s price could decline to $93,378.
#BlackRock #BTC #Bitcoin #cryptomarket #CryptoNews

The cryptocurrency world thrives on surprises, and Pepe Coin, the meme-inspired token, might just be the underdog ready to steal the show. With growing speculation surrounding its market potential and rumors of BlackRock's past investment, Pepe is shaping up as a meme coin with serious momentum. Here's a breakdown of why it could be the sleeper hit of 2024:

1️⃣ Strong Market Sentiment: Backed by Community Power
Pepe Coin owes its popularity to its dedicated and ever-expanding community. Meme coins thrive on collective enthusiasm, and Pepe has built a loyal following reminiscent of early Dogecoin days.
But what really sets it apart? Big players like BlackRock have reportedly shown interest, signaling that this quirky token may have more than just meme appeal. Community strength combined with institutional backing could create a perfect storm for market traction.

2️⃣ Technical Potential: Charts That Speak Bullish
For the technical analysts, Pepe Coin is flashing bullish signs:
Strong Support Levels: It’s holding critical price points, ensuring stability in turbulent markets.
Emerging Patterns: Bullish formations on the chart indicate potential upward movements.
These factors make Pepe an intriguing choice for traders looking for short-term gains or those who believe in its long-term potential.

3️⃣ Credibility Through BlackRock’s Involvement
The rumor mill is buzzing about BlackRock’s prior investment in Pepe Coin, and even whispers of future involvement. If true, this would provide:
Institutional Credibility: Rare in the meme coin space.
Market Confidence: A signal for other institutional players to consider Pepe Coin as a serious asset.
A deepening relationship between Pepe and major players like BlackRock could open the floodgates for further investments, driving its price and appeal.
4️⃣ The Bullish Crypto Market Advantage
With Bitcoin nearing $100K, the broader market sentiment is undeniably bullish. Historically, meme coins benefit disproportionately during such phases. Why?
Meme coins attract retail investors looking for high-risk, high-reward opportunities.
Market euphoria often amplifies price movements for smaller-cap tokens like Pepe.
If Bitcoin hits its next major milestone, Pepe could piggyback on the momentum, seeing exponential gains.
✅ Conclusion: A Meme Coin Worth Watching
Pepe Coin isn’t just another meme coin—it’s building a case for itself with:
Community Strength.
Technical Promise.
Institutional Credibility.
While it remains a high-risk, high-reward investment, the combination of market sentiment and potential institutional involvement makes Pepe a standout in the meme coin category.
⚠️ Reminder:
Always conduct your own research before investing. Meme coins are known for their volatility, so invest only what you can afford to lose.
💬 What do you think? Is Pepe the next Dogecoin, or is it just another fleeting trend? Share your thoughts below!
#PepeCoin #MemeCryptoGems #BTC100K #CryptoPotential #BlackRock

Pepe Coin, the meme-inspired cryptocurrency, might just be the underdog that takes the spotlight. With whispers of BlackRock’s prior investment and speculation about future involvement, Pepe Coin is quickly becoming the talk of the town. Here's why this quirky coin could surprise us all:

1️⃣ Strong Market Sentiment: Backed by Community Power
Pepe Coin thrives on its massive, loyal community that fuels its popularity. Add big investors like BlackRock to the mix, and you've got a recipe for serious market traction. Meme coins often ride the wave of collective enthusiasm, and Pepe is no exception!

2️⃣ Technical Potential: Charts That Speak Bullish
Analyzing the technical side, Pepe Coin showcases solid support levels and bullish patterns. For traders, these are signals that the coin could be primed for upward momentum, especially in a favorable market.

3️⃣ Credibility Through BlackRock
BlackRock’s past involvement gives Pepe Coin a stamp of credibility rarely seen in the meme coin space. If institutional players dive in further, the floodgates of investment could open, driving its price higher.

4️⃣ The Bullish Crypto Market Advantage
As the broader crypto market trends upward, meme coins often see an outsized impact. Should Bitcoin approach $100K, Pepe could easily ride the bullish wave, capturing significant gains along the way.

✅ Conclusion: A Meme Coin Worth Watching
While Pepe Coin carries the playful spirit of a meme coin, its strong backing and technical promise make it a potential hidden gem. If BlackRock’s involvement deepens, Pepe could solidify its place in the crypto space.
⚠️ Reminder: As always, research thoroughly and only invest what you can afford to lose. Meme coins are high-risk, high-reward investments.
💬 What do you think? Is Pepe the next big thing or just another meme? Let us know your thoughts!
#PepeCoin #Cryptogems01 #BTC100K! #Write2Earn! #BlackRock $PEPE