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Why BlackRock's BUIDL Matters
Published on Mar 25, 2024

Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
Bitcoin Bitcoin Back Up
  1. 🌕 BTC back above $70K. After a week of gloom, BTC prices roared back on Monday, briefly kissing $71K and reaching prices not seen in 10 days.
  2. 🇳🇬 Nigeria charges Binance. After detaining two senior Binance Binance execs (one of whom escaped over the weekend!), Nigeria has officially charged the crypto exchange with tax evasion.
  3. 🤖 FTX unloads AI startup shares. FTX will sell shares of AI startup Anthropic for $884M to several institutional firms, including one owned by Abu Dhabi sovereign wealth fund Mubadala.
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TODAY IN MARKETS
Why ONDO Keeps Surging

📊 Real World Ascent. ONDO surged another ~10% today, capping ~100% in weekly gain despite the crypto market's rough past week. Is the surge over, or is crypto waking up to the outsized opportunities in the Real-World Assets (RWA) world?

Prices as of 5pm ET 24hr 7d
Crypto $2.65T ↗ 5.0% ↗ 3.9%
BTC $69,901 ↗ 5.2% ↗ 3.4%
ETH $3,592 ↗ 5.1% ↗ 1.8%
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ANALYSIS
Why BlackRock’s BUIDL Bet is Bullish
Bankless Author: Jack Inabinet

BUIDL is not just another tokenized treasury fund; it is a landmark initiative that could one day mark a turning point in the onchain revolution.

Unlike competitive products, BUIDL is differentiated by the immense clout of BlackRock, widely considered a leader among institutions given its deep ties to America’s political and financial scenes.

Read more about BlackRock's big bet 👇

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FRIEND & SPONSOR: MANTLE

Mass adoption of token-governed technologies. With Mantle Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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