BlackRock Expands Its Presence in Crypto and Blockchain. Here are some recent
developments:
* 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 enables greater accessibility and interoperability of the fund.
* Partners Group to Transform Access to Individual Wealth in 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 portfolio, simplifying the process and making it more accessible.
* Launch of a new European fixed-maturity high-yield bond fund:
BlackRock has launched the BGF 2027 European fixed-maturity high-yield bond fund, a fixed-maturity bond fund designed to take advantage of high yield levels and offer investors a combination of income distribution and capital appreciation.
These are just a few examples of BlackRock’s recent expansions. The firm continues to innovate and explore new opportunities in various financial sectors, including the emerging crypto and blockchain sector.
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