Big news in the world of cryptocurrency! BlackRock, a giant investment company, just hit a big milestone with its BUIDL fund. It now holds $1 billion worth of digital money! This shows that big companies are starting to trust blockchain technology.
- BlackRock's BUIDL fund invests in things like U.S. Treasury bonds, but in a digital form.
- It uses blockchain, a secure digital ledger, making transactions easier and faster.
- The fund is growing quickly; it increased by 56% in just one month!
- Many investors are joining, even though the overall cryptocurrency market is a bit down.
| Fact | Number |
|---|---|
| Total assets in BUIDL fund | $1 billion |
| Increase in 30 days | 56% |
| Number of investors | 61 |
| Total value of Ethereum-based tokens | $267 million |
