Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home»All»Fintech»Blockchain»BlackRock obtains memecoins, NFTs following $100M USDC deposit
    blackrock deposit
    Blockchain

    BlackRock obtains memecoins, NFTs following $100M USDC deposit

    By Sylvia ShenMarch 21, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • BlackRock, an asset management firm, has been found to possess over $40,000 worth of memecoins and NFTs, signaling a shift towards cryptocurrency investments.
    • Following the announcement of its collaboration with Securitize to establish the BlackRock USD Institutional Digital Liquidity Fund, the firm deposited $100 million in USDC on ethereum.
    • BlackRock’s CEO Fink’s stance on bitcoin has shifted since 2017, evident in the approval and success of their bitcoin ETF application, now focusing on tokenising financial assets on ethereum.

    BlackRock, an asset management firm, has recently been identified as the owner of a minimum of $40,000 worth of memecoins and nonfungible tokens (NFTs), following the discovery of one of its purported wallets linked to a newly established tokenisation fund by online investigators.

    BlackRock flooded with 40 coins and 25 NFTs

    On March 15, one day after announcing its collaboration with San Francisco’s asset tokenisation startup Securitize to establish the BlackRock USD Institutional Digital Liquidity Fund, data reveals a $100 million USD Coin (USDC) deposit on ethereum.

    Since March 19, at least 40 coins and 25 NFTs, ranging from a CryptoDickbutts S3 NFT to the Bitcoin-based Ordinals Pepe (PEPE) coin, have been delivered to the BlackRock-label address by anonymous cryptocurrency users.

    Also read: BlackRock’s bitcoin ETF hits $1B in 4 days

    The $10 trillion asset manager also received exactly 500,000 unshETHing_Token (USH) and 10,000 Realio Network (RIO) tokens, having the highest values at $11,600 and $13,755, respectively.

    According to data, the BlackRock address deposited $200 USDC for the first time on March 5. On March 15, the company made another $10 test deposit. A few blocks later, it deposited $99,999,960.

    Also read: Bitcoin surges to all-time high, fuels altcoin recovery

    BlackRock changes stance

    BlockRock’s CEO Fink has shifted his views on bitcoin and the blockchain space since 2017. Previously, he called bitcoin an “index of money laundering.”

    In June 2023 BlackRock applied to a spot bitcoin exchange-traded fund (ETF). The application was granted, and the fund is currently generating some of the highest volumes in the whole ETF industry.

    Currently, Fink and BlackRock want to tokenise financial assets on ethereum.

    BlackRock Memecoins USDC
    Sylvia Shen

    Sylvia Shen is an editorial assistant at Blue Tech Wave specialising in Fintech and Blockchain. She graduated from the University of California, Davis. Send tips to s.shen@btw.media.

    Related Posts

    Receivership vs. Bylaws: AFRINIC’s mandated election extension under scrutiny

    August 7, 2025

    Lessons from AFRINIC: How organisations can better secure assets

    August 7, 2025

    Understanding AFRINIC’s role—and why this election meltdown matters

    August 5, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.