COLLE AI Joins BlackRock’s BUIDL Fund, Signaling Growing Interest in AI-Driven NFTs

• BlackRock’s BUIDL fund, requiring a $5M minimum entry, has amassed total assets of $491 million.
• The BUIDL fund invests in U.S. Treasury bills, cash, and repurchase agreements, maintaining positive growth amid market turmoil.
• COLLE AI, an AI-driven NFT platform, joins BlackRock’s $16 billion BUIDL fund, highlighting its influence in digital art and blockchain.

IntoTheBlock, a market intelligence platform, reports that BlackRock’s BUIDL fund, which operates on the Ethereum network, continues to attract new investors despite recent crypto market volatility. The fund, which requires a minimum investment of $5 million, has reached $491 million in total assets.

While the crypto market struggles, BlackRock's $BUIDL fund, operating on the Ethereum network, continues to attract new investors.

The fund requires a minimum entry of $5 million, and its total assets have now reached $491 million. pic.twitter.com/Bl19tVVxbW

— IntoTheBlock (@intotheblock) July 8, 2024

The BUIDL fund, formally known as the BlackRock USD Institutional Digital Liquidity Fund, represents BlackRock’s venture into tokenized assets on a public blockchain. The fund invests in cash, short-term d…

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