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Showing posts with the label BlackRock

The Latest News - Creating A Strategic Reserve For Bitcoin

 Hello McFinancers! There are some major moves and news about Bitcoin this week. We thought we would spend a few extra articles discussing Bitcoin this week. The latest in financial news: Potential for Bitcoin to become a commodity held by the US as part of its strategic reserves, BlackRock spot Bitcoin ETF gets approval for options trading, Elon Musk support for Bitcoin, the rapid rise of US borrowing, the use of US-supplied missiles in Ukraine, the rise of fraud for banks. A Word From Our Sponsor: Hard Asset Alliance is a prominent and reputable platform in the world of hard asset investing. As an organization, they specialize in providing individuals and institutional investors with a secure and straightforward way to access a diverse range of tangible assets, such as precious metals like gold, silver, and other commodities. With a strong focus on transparency, reliability, and expert guidance, Hard Asset Alliance empowers investors to diversify their portfolios effectively and...

The Latest News - BlackRock's Tokenization Fund

 Hello McFinancers! The latest in financial news: BlackRock has their first tokenized fund with the SEC, Houston starts a government guaranteed-income program, and the recent dip in Bitcoin and the crypto market. BlackRock’s Tokenized Fund In the recent week, BlackRock has taken a significant step forward by filing a request for a tokenized asset fund, specifically designed for the BlackRock USD Institutional Digital Liquidity Fund. This pioneering move sees BlackRock joining forces with Securitize, a leading platform in the blockchain space, to orchestrate and oversee the fund's operations, aimed at integrating tangible assets into the realm of blockchain technology. With an initial starting value of $100,000, this endeavor marks BlackRock's second foray into the realm of crypto-related funds, following their establishment of the Bitcoin ETF. Dubbed BUIDL, the fund is slated to be operational on the Ethereum main network. At present, BUIDL boasts a maximum supply of 50,000,000...