BlackRock Acquires Memecoins, NFTs, and Crypto Tokens Worth Over $40K in Web3 Expansion

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Cointime2024/03/21 10:14

By:Cointime

BlackRock, a financial giant, has made a surprising move by acquiring a collection of memecoins, NFTs, and crypto tokens worth over $40,000. This expansion into the web3 arena began with a partnership with Securitize markets and a $100 million investment in the USDC stablecoin on Ethereum. BlackRock's eclectic digital asset collection now includes various tokens such as Ordinals Pepe, CryptoDickbutts NFTs, unshETHing_Token, Mog Coin, and the Realio Network's $RIO token. This move highlights BlackRock's commitment to blockchain tokenization and its recognition of the role of blockchain in modern finance.

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