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Crypto News Press Release

BlackRock Introduces Ethereum Tokenization Fund, AI Crypto Challenges Render’s Market Lead

New York, NY, USA – July 5, 2022: Exterior view of the BlackRock headquarters in New York City. BlackRock is an American global asset management firm and a provider of investment management.

On March 20, BlackRock revealed its first tokenized fund called the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). It’s geared to provide patrons with a chance to earn yields on the U.S. dollar by joining the fund through Securitize Markets, LLC. 

This marks the first time a real-world asset is tokenized on a blockchain by the major asset manager, proof of how much acceptance cryptocurrencies have gained over the years. 

BlackRock plans to make tokenization one of the main focuses of its digital asset strategy. BUIDL will allow for interoperability between traditional and digital assets. 

BlackRock using Ethereum (ETH) to launch its new funds highlights the versatile nature of the Ethereum network. InQubeta (QUBE), an emerging crypto, aims to use this versatility to create easier access to investments in the artificial intelligence (AI) space. 

InQubeta is expected to outperform its rival Render (RNDR) in 2024 despite the latter enjoying 869% growth in the past year. The massive interest it’s generating among institutional and cryptocurrency investors is one of the reasons why some analysts are predicting InQubeta will see as much as 10,000% growth as its presale generates over $12.4 million in token sales. That’s a lot more than top DeFi projects like Solana (SOL), the fifth most popular cryptocurrency, managed to raise during its ICO. 

 

InQubeta’s (QUBE) presale success shows potential to become a top ten cryptocurrency 

InQubeta has managed to put up some impressive presale numbers as it generates more capital than some of the best DeFi coins like Solana and is on course to raise more than the Binance Coin, the fourth most popular cryptocurrency. It might even end up generating more than the $18.3 million the Ethereum network raised during its presale. 

 

Some of the factors driving InQubeta’s success include the creative way it addresses the issue of how inaccessible mainstream investment firms can be, its tokenomics, and rising investor interest in artificial intelligence. 

 

A decentralized investment space

InQubeta opens up access to AI investments similar to how BlackRock tokenizes funds on the Ethereum network. Startups that are deemed eligible are allowed to tokenize investments into non-fungible tokens (NFTs) that are created on the marketplace. These ERC20 coins offer equity and rewards to investors. 

Investors can invest in any of the firms in the ecosystem by buying their non-fungible tokens to acquire equity and anything else promised. They can keep these NFTs for as long as they want or resell them on the marketplace at any time of their choosing. 

Investors can also back InQubeta’s investment space by buying and holding QUBE. It’s priced at $0.028 right now, but prices could grow as high as $2 by the end of the year as more investors look to be part of the solution InQubeta offers. 

Anyone with QUBE can stake their holdings to help run the proof-of-stake blockchain. Holders also get to be part of the ecosystem’s governance. They can suggest ideas and vote on existing issues, with those who invest the most having the loudest votes. 

 

 

BlackRock launches first tokenized exchange fund

The launch of BlackRock’s new tokenized exchange fund is great for the Ethereum network which has surged 57% in 2024. Other asset managers might flock to its blockchain to launch their tokenized assets, leading to increased activity on its blockchain. 

Spot exchange-traded funds being launched later this year could push ETH’s price to a new all-time high (ATH).

 

Summary

QUBE and ETH are two of the best cryptos to buy now because of their growth potential. QUBE is expected to outperform its parent blockchain, with some projections expecting as much as 10,000% growth. 

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