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BlackRock’s planned tokenized fund launch “brings legitimacy” to public smart contract chains like Ethereum, according to analysts at Bernstein. BlackRock unveiled the BUIDL tokenized private equity fund earlier this month, deepening its foray into digital assets after launching a spot bitcoin ETF.

ALEX raised $10 million in a strategic funding round led by Spartan Capital. ALEX leverages Layer 2s, bridges, oracles and other infrastructure to create a Bitcoin-specific decentralized finance layer.

BadgerDAO has launched eBTC — an ether-backed, synthetic bitcoin token in collaboration with liquid staking platform Lido. The token enables users to get paid to borrow synthetic bitcoin without any upfront fees or interest.


A Bitcoin address that has been dormant since 2019 moved $6 billion of bitcoin over the weekend. It’s unclear who owns the address and it doesn’t appear to be affiliated with an exchange.



The total crypto market has skyrocketed to over $2.8 trillion after dumping below $2.5 trillion last week.
