🔥🔥Altcoin Project Shines with 1 Billion Funds: BlackRock Lines Up for Investment! 🔥🔥

Decentralized finance (DeFi) project MakerDAO (MKR) managed to attract attention with its $1 billion fund.

MakerDAO announced its $1 billion tokenized treasury investment plan. This development attracted the attention of major investors such as BlackRock, Ondo Finance and Superstate.

"This is a great step for MakerDAO," Carlos Domingo, CEO of tokenization platform Securitize, BlackRock's issuance partner, told CoinDesk. We are excited to participate in BlackRock's BUIDL. "We will apply as a leading tokenized treasury issuer," he said.

Superstate founder Robert Leshner told CoinDesk, “Superstate's USTB is a perfect partner for MakerDAO. "We are happy to contribute to MakerDAO's process of introducing USTB to the community," he said.

Mobility in MKR Price

An increase in the MKR price was observed immediately after the fund announcement. As of 19:00 on July 12, it gained 13% in value, rising from $2,387 to $2,650. MKR is currently trading at $2,635.

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