Demex Daily #377: BlackRock Expands Bitcoin ETP and Tokenized Assets

What’s Interesting Today:

BlackRock has launched the iShares Bitcoin ETP (IB1T) in Europe, listing it on German, French, and Dutch exchanges, with Coinbase providing custody. This follows the success of its U.S. Bitcoin ETF, which has attracted nearly $40 billion in net inflows. BlackRock’s crypto offerings continue to expand, including a spot Ethereum fund with over $4 billion in assets. Additionally, its $1.7 billion tokenized treasury fund, BUIDL, has been integrated into the Solana blockchain, marking a significant step toward institutional adoption of tokenized real-world assets.

Arcium, an encrypted supercomputer company, has joined NVIDIA’s Inception Program to accelerate innovation in privacy-preserving AI and ML. This milestone follows Arcium’s acquisition of Inpher, a leading Private AI provider backed by JP Morgan and Amazon. With over 30 patents, Arcium aims to enhance secure AI processing across industries, ensuring data confidentiality for finance, healthcare, and beyond. CEO Yannik Schrade emphasized Arcium’s role in shaping a new computing paradigm, leveraging NVIDIA’s resources to advance Private AI ahead of its mainnet launch. The company is also preparing for its Public Testnet release.