BlackRock's $100M Crypto Fund Launch Attracts .84 ETH, Memecoins, and NFTs

BlackRock, the asset management giant, has made a significant move into the cryptocurrency space by launching a tokenized investment fund with an initial deposit of $100 million in USDC. Following this development, anonymous users have begun sending memecoins and NFTs to BlackRock's newly discovered Ethereum wallet address, including a transaction of .84 ETH. The wallet has reportedly received over $40,000 worth of coins and NFTs. Additionally, Solana memecoins have seen presales cross $150M, and Ethena Labs' $USDe has reached a $1.17B market cap, marking a notable intersection of traditional finance with the whimsical world of cryptocurrency.