BlackRock's Unexpected Crypto Asset Collection: A Deep Dive
Introduction
Insights into how Wall Street behemoth BlackRock came to own over $61K in meme coins and nonfungible tokens (NFTs) after on-chain analysts tracked down the firm's wallet.
Mysterious Donations to BlackRock's Wallet
An exploration of different coins and NFTs that the BlackRock wallet received from anonymous crypto users since March 19, from Pepe (Ordinals) coin to CryptoDickbutts S3 NFT.
The Big Transfers
Discussion on the most substantial transfers made to BlackRock’s wallet: 500,000 unshETHing_Token (USH) and 10,000 Realio Network (RIO) tokens valued at $13,755 and $11,600 respectively.
Other Digital Assets Received
An overview of other notable digital assets sent to the BlackRock wallet, including significant quantities of Mog Coin (MOG), VoldemortTrumpRobotnik-10Neko (ETHEREUM), Shina Inu (SHI) coins and notable NFTs like Chungos and KaijuKingz.
Initial Transactions
An account of the first transactions carried out by the BlackRock crypto wallet, starting with a $200 USDC deposit and culminating in a near $100 million transfer.
Changing Attitude Towards Blockchain
Analysis of BlackRock CEO Larry Fink's changing perspective towards Bitcoin and the broader blockchain sector, including his recent commitment to the tokenization of financial assets on the Ethereum blockchain.
BlackRock's Bitcoin ETF
A look into BlackRock's successful Bitcoin ETF, which since its launch has registered some of the highest trading activity in the entire ETF market.
The Future of Asset Tokenization
A summary of Fink's vision for the future of asset tokenization, where every stock and bond will be represented on a single ledger keeps inching closer and closer.