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BlackRock Introduces Ethereum Tokenization Fund, AI Crypto Challenges Render’s Market Lead

Mar 28, 2024

BlackRock recently announced the launch of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is the asset manager's first tokenized fund. This fund allows individuals to earn yields on the U.S. dollar by participating through Securitize Markets, LLC.

This move by BlackRock signifies a significant milestone as it tokenizes a real-world asset on a blockchain. It demonstrates the increasing acceptance of cryptocurrencies in the financial sector.

The aim of BlackRock is to prioritize tokenization in its digital asset strategy, enabling interoperability between traditional and digital assets.

InQubeta, a emerging cryptocurrency, leverages the versatile Ethereum network to enhance accessibility for investments in artificial intelligence (AI). Despite Render's substantial growth of 869% in the past year, InQubeta is projected to surpass Render by 2024. Analysts predict InQubeta's presale to generate over $12.4 million in token sales, indicating potential growth of up to 10,000%.

The success of InQubeta's presale underscores its potential to become a top ten cryptocurrency. By drawing significant capital compared to DeFi projects like Solana and exceeding presale amounts of well-known cryptocurrencies such as Binance Coin, InQubeta demonstrates promise for future growth.

InQubeta's success can be attributed to its innovative approach to addressing mainstream investment firm accessibility, strong tokenomics, and the growing investor interest in AI.

Similar to BlackRock's tokenized funds on Ethereum, InQubeta opens up AI investments through NFTs, enabling startups to tokenize investments. These ERC20 coins offer equity and rewards to investors, who can hold or sell them on the marketplace. Investors can support InQubeta's investment space by holding QUBE, which is currently priced at $0.028 and has potential to reach $2 by year-end.

By staking QUBE, investors contribute to running the proof-of-stake blockchain, and participate in the ecosystem's governance. Those with more significant investments have more voting power.

The launch of BlackRock's tokenized exchange fund is beneficial for the Ethereum network, which has seen a 57% surge in 2024. This move may attract other asset managers to launch tokenized assets on the Ethereum blockchain, boosting activity.

In summary, QUBE and ETH present strong growth potential, with QUBE expected to surpass its parent blockchain and achieve significant growth.

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