BlackRock's Tokenized Fund on Ethereum Pays Out $2.1 Million – Decrypt

BlackRock’s Tokenized Fund on Ethereum recently distributed $2.1 million in payouts. The fund utilizes blockchain technology to tokenize assets, allowing for easier management and distribution of funds. This innovative approach has proven successful, with investors receiving significant returns. The use of Ethereum’s platform has enabled BlackRock to streamline the process and provide greater transparency to investors. This payout demonstrates the potential of tokenized funds in the financial industry.

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