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REGULATION
by
1 year ago

BlackRock’s Ethereum address is overwhelming with memecoins as many memecoins have been sent to BlackRock’s address

2024-03-25

REGULATION
by
1 year ago

 




BlackRock filed FORM D to the U.S. SEC on Mar 14, 2024 to create a fund called “BlackRock USD Institutional Digital Liquidity Fund Ltd.” and it runs on Ethereum blockchain.

 

The fund aims to tokenized real-world assets. After BlackRock’s created the fund, it deposited $100 million in USDC and created a token called BUILD with total supply of 100 BUILD tokens.

 

Since BlackRock’s Ethereum address is public. Many memecoin creators have been sending their memecoins to BlackRock’s address.

 

Ethereum Token Holdings 0x13e003a57432062e4eda204f687be80139ad622f information (etherscan.io)


There are 106 tokens in BlackRock’s address, mostly are memecoins.

 

Some of these memecoins such as DETF token worth $21,219, Realio Network worth $19,200, unsheathing_Token $13,993, Shina Inu $10,024, Pepe worth $1,082.

 

Sending memecoins to famous Ethereum addresses is one of the ways to promote memecoins.  

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