New 4 Meme Coins of BlackRock: The Company Became a Meme Coin Hub with BUIDL

Crypto News – BlackRock made it possible for qualified investors to use blockchain technology to earn returns on their US dollars with the launch of BUIDL. There is a significant departure from traditional investment procedures with this project. It even asserts that the financial system has to be entirely rethought.

New 4 Meme Coins of BlackRock: The Company Became a Meme Coin Hub with BUIDL

Attention was drawn to the fund’s creation after a $100 million transaction utilizing USDC stablecoin was successfully executed on the Ethereum network. Thus, meme coins and NFTs gathered around BlackRock‘s Ethereum address. Presumably, BUIDL receives its primary support from this source.

This is the latest progression of our digital assets strategy. We are focused on developing solutions in the digital assets space that help solve real problems for our clients,

Robert Mitchnick, BlackRock’s Head of Digital Assets

The Company Now Holds DETF, RIO, USH, and SHI

The response to BlackRock’s initiative from the cryptocurrency community was prompt and vibrant. The Ethereum wallet of the fund, which can be identified by its address 0x13e003a57432062e4EdA204F687bE80139AD622f, did, in fact, become a hub for meme coins and NFT airdrops. Out of all these digital assets, four meme coins have gained prominence:

• DETF Token (DETF) –  250,000 tokens (valued at $15,385.66)
• Realio Network (RIO) -10,000 tokens (worth around $13,800.10)
• unshETHing_Token (USH) – 500,000 tokens (estimated at $12,749.20)
• Shina Inu (SHI) – 9,197,214,541 tokens (worth $9,165.50)