BlackRock embraces Ethereum with launch of tokenized fund 😳; ChatGPT buzz raises the bar for banking chatbot capabilities 🤖; Gen Z's growing spending power & their love for Apple Pay in shopping 🍎

FinTech is Eating the World, 22 March

Hey Everyone,

TGIF! Another big week in FinTech is about to end, and we’re going to finish it off with some more fascinating stories. Today we’re looking at BlackRock embracing Ethereum with the launch of a tokenized fund (what it means & what’s next + some bonus reads on Ether and its pivotal moment), ChatGPT buzz that raised the bar for banking chatbot capabilities (the changes taking place + a bonus dive into Klarna & how it used AI to transform itself), and Gen Z's growing spending power & their love for Apple Pay in shopping (what it’s all about + a bonus deep dive into Apple’s latest antitrust case & what it means for the future of FinTech). Let’s jump straight into the cool stuff 🌶

BlackRock embraces Ethereum with the launch of a tokenized fund 😳

The news 🗞️ BlackRock BLK 0.00%↑, the world's largest asset manager, has taken a significant step into the world of digital assets with the launch of its first tokenized fund on the Ethereum blockchain.

The BlackRock USD Institutional Digital Liquidity Fund, also known as BUIDL, aims to provide qualified institutional investors with exposure to U.S. dollar yields while leveraging the benefits of blockchain technology.

Let’s take a look at what it’s all about and where’s the money.