BlackRock Expands Digital Asset Team as BUIDL Fund Surpasses $1.8B
- BlackRock posted four new high-level role job openings related to digital assets on its website.
- BlackRock’s tokenized BUIDL fund recently surpassed $1.8 billion.
Global asset manager BlackRock plans to expand its digital asset team as its tokenized fund witnessed exceptional growth. The careers portal of the BlackRock website shows four new roles related to digital assets. It is clear that a major traditional asset manager like BlackRock is going big on digital assets.
As per the BlackRock website, the company is looking to hire individuals for various digital asset roles. The following are the aforementioned four roles,
- Director, digital assets
- Associate, digital assets
- Director, Regulatory Affairs, Digital Assets
- Vice President, Digital Assets and ETF Legal Counsel
Three of the roles are based in New York while one of them is based in Atlanta. Even though the asset manager gave a clear description of the roles, they do not give any hints about BlackRock’s plans for digital assets. One of the roles, Legal Counsel for ETFs, is noteworthy because BlackRock issued two major digital asset ETFs, such as iShares Bitcoin Trust and iShares Ethereum Trust.
BlackRock BUIDL Tokenized Fund Surpassed $1.87B, Tripled in Three Weeks
Meanwhile, BlackRock’s BUIDL tokenized fund TVL has been making headlines for its new record, as per Token Terminal. It skyrocketed in the past three weeks and rose from the low of $667 million on March 3 to $1.876 billion on March 24. This significant rise in the BUIDL tokenized fund is garnering attention across the industry.
With a massive 400% rise in its TVL in less than a month, the BUIDL tokenized fund is circling across the crypto community. A major traditional asset manager such as BlackRock making this record on digital assets is a positive sign for the crypto industry.
BlackRock is gradually expanding its blockchain ecosystem following the BUIDL record. It is expanding its blockchain-based money market to the Solana blockchain, as per the latest reports. Recently, BlockRock also launched Bitcoin ETP in Europe. All these moves reflect asset manager’s commitment to digital asset ecosystem.
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BlackRock Expands Digital Asset Team as BUIDL Fund Surpasses $1.8B
- BlackRock posted four new high-level role job openings related to digital assets on its website.
- BlackRock’s tokenized BUIDL fund recently surpassed $1.8 billion.
Global asset manager BlackRock plans to expand its digital asset team as its tokenized fund witnessed exceptional growth. The careers portal of the BlackRock website shows four new roles related to digital assets. It is clear that a major traditional asset manager like BlackRock is going big on digital assets.
As per the BlackRock website, the company is looking to hire individuals for various digital asset roles. The following are the aforementioned four roles,
- Director, digital assets
- Associate, digital assets
- Director, Regulatory Affairs, Digital Assets
- Vice President, Digital Assets and ETF Legal Counsel
Three of the roles are based in New York while one of them is based in Atlanta. Even though the asset manager gave a clear description of the roles, they do not give any hints about BlackRock’s plans for digital assets. One of the roles, Legal Counsel for ETFs, is noteworthy because BlackRock issued two major digital asset ETFs, such as iShares Bitcoin Trust and iShares Ethereum Trust.
BlackRock BUIDL Tokenized Fund Surpassed $1.87B, Tripled in Three Weeks
Meanwhile, BlackRock’s BUIDL tokenized fund TVL has been making headlines for its new record, as per Token Terminal. It skyrocketed in the past three weeks and rose from the low of $667 million on March 3 to $1.876 billion on March 24. This significant rise in the BUIDL tokenized fund is garnering attention across the industry.
With a massive 400% rise in its TVL in less than a month, the BUIDL tokenized fund is circling across the crypto community. A major traditional asset manager such as BlackRock making this record on digital assets is a positive sign for the crypto industry.
BlackRock is gradually expanding its blockchain ecosystem following the BUIDL record. It is expanding its blockchain-based money market to the Solana blockchain, as per the latest reports. Recently, BlockRock also launched Bitcoin ETP in Europe. All these moves reflect asset manager’s commitment to digital asset ecosystem.
Highlighted Crypto News Today:
Read More