5 altcoins BlackRock plans to invest in
5 altcoins poised for growth in BlackRock’s investment plan.
appeared first on Coinpedia Analyst Picks Investments shares some big news that could change the way cryptocurrencies are used.
This news is important for both the currently booming market and the future of cryptocurrencies. In the video, the analyst talks about some big things that could have a huge impact on the way people use cryptocurrencies. The news is all about real-world assets (such as real estate or stocks) and how big companies like Black Rock are getting involved using blockchain technology.
Blackstone is a giant company with trillions of dollars in assets under management. Their foray into real-world assets using blockchain is a big deal, as it shows that even large traditional financial players are starting to take cryptocurrencies seriously. Black Rock is partnering with Securitize, a company that helps convert real-world assets into digital tokens. Other major players include BNY Mellon, Coinbase and Anchorage Digital Bank. Analysts at Selected Investment also put together a list of crypto projects worth watching.
Ando Finance: Backed by big names like Black Rock and Coinbase, this platform aims to make finance more accessible.
Rio Network: This project focuses on making it easier to trade real-world assets on the blockchain, with support from major companies like Morgan Stanley.
Pendle: This platform offers new ways to make money with cryptocurrencies and is backed by big investors.
Clearpool: A place where people can borrow and lend money, powered by companies like Mantle.
Land Sharing: This project converts real estate into digital tokens, providing new ways to invest.
These projects, along with others like Chainlink and MakerDAO, are leading the way in bringing real-world assets into the crypto space. The analyst said Blackstone's move into real-world assets using cryptocurrencies could shake up the financial world.
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