In Brief Frax Finance votes on using BlackRock’s BUIDL token to back its revamped frxUSD stablecoin, with unanimous support so far. Sui is set to unlock 64 million SUI tokens on January 1, primarily benefiting early investors and contributors. Six Israeli firms are launching Bitcoin mutual funds, but regulatory delays and cratering investment may limit…
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In Brief BlackRock expands its BUIDL fund to Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing blockchain-based accessibility. BUIDL’s multi-chain approach offers on-chain yield, flexible custody, 24/7 transfers, and integration opportunities for developers. BlackRock’s digital strategy, including IBIT Bitcoin ETF and tokenized funds, bridges traditional finance with digital asset technology. BlackRock, the world’s largest asset manager,…
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