BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

Source: Cryptoslate BUIDL’s growth on popular blockchains promises new ventures for DAOs and digital firms, despite varied fees. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock’s strategy to strengthen… Continue reading BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium

Source: Cryptoslate Sony’s Soneium aims to bridge Web3 and everyday internet services. Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a collaboration with blockchain infrastructure provider Startale—seeks… Continue reading Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium