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BlackRock Expands Digital Asset Team as BUIDL Fund Surpasses $1.8B

  • Global asset manager BlackRock is expanding its digital asset team as its BUIDL tokenized fund surpasses $1.8 billion, signaling its focus on digital assets.
  • BlackRock has posted job openings for four high-level roles related to digital assets, including directors, associates, and legal counsel.
  • The BUIDL tokenized fund's total value locked (TVL) has tripled in three weeks, rising from $667 million to $1.876 billion, gaining significant attention.
  • BlackRock is further expanding its blockchain ecosystem by launching a Solana-based money market and Bitcoin exchange-traded product (ETP) in Europe.

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