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Home»NFT News»BlackRock’s Wallet Filled with Memecoins, NFTs, and USDCs Following $100M USDC Deposition

BlackRock’s Wallet Filled with Memecoins, NFTs, and USDCs Following $100M USDC Deposition

NFT News By G. Wallace21/03/2024
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KEYPOINTS

  • BlackRock’s digital assets portfolio experiences a surge of over $40,000 in memecoins, NFTs and other tokens after a $100M USD Coin Deposit.
  • Anonymous users have flooded BlackRock with digital currencies, such as the Bitcoin-derived Ordinals Pepe coin or the CryptoDickbutts NFT.
  • BlackRock entered the digital currency market modestly, but it quickly escalated. The CEO Larry Fink shifted his perspective on Bitcoin and Blockchain technology and made a large deposit.

BlackRock is a global investment company that has just expanded its portfolio with a variety of non-fungible digital tokens and meme coins worth over $40,000. The move was made after online detectives found a wallet connected to the innovative tokenization program of BlackRock.

A large sum of 100 million USD Coins was deposited on the Ethereum Blockchain. The transaction took place just one day after BlackRock unveiled its BlackRock USD Institutional Digital Liquidity Fund.

The NTF and digital currencies deposits

From March 19, 2009, the wallet BlackRock has received a wide variety of digital currency and NFTs sent anonymously by users. They range from Bitcoin-derived Ordinals Pepe coins to CryptoDickbutts’ S3 NFT.

Transfers of 500,000 dollars and more were made to the asset management giant. unshETHing_Token The value of the Realio Network tokens is $13,755. CoinGecko reports that the Realio Network Token’s value increased by 47 percent after the transfer.

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BlackRock began its initial venture into digital currencies with a $200 USDC on 5 March. The deposit was then followed by an initial $10 deposit, and finally a substantial $100 million deposit.

BlackRock Bitcoin ETF’s Success 

Fink, BlackRock’s CEO, has developed a new perspective about Bitcoin and the blockchain since he first labeled Bitcoin a money-laundering tool in 2017. BlackRock’s stance on Bitcoin has changed, leading to the launch of a Bitcoin ETF by BlackRock in June 2023. This ETF is now known as “the” Bitcoin ETF. first spot Bitcoin ETF to reach $1 Billion AUM. Fink imagines a world where everyone can be happy. financial All assets, including stocks, bonds and other financial instruments, will be recorded in a single ledger. 

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: blog.cryptoflies.com

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