Print the page
Increase font size
BlackRock, BUIDL, and Crypto

BlackRock, BUIDL, and Crypto

Chris Campbell

Posted April 01, 2024

Chris Campbell

It was only a couple of months ago -- February 9, to be exact -- that James and I recommended members of our Early Stage Crypto Investor (ESC) group buy a crypto project.

Not just any project.

This one is focused on tokenizing real world assets (RWAs).

And it’s growing long legs.

Toeknizing Everything

Our rationale? Tokenization is the next big thing. Big players are sitting up, paying attention. RWAs will soon have their day in the Sun. We want exposure.

And, now this:

BlackRock Launches a Fund

BlackRock decided to jump on the Ethereum bandwagon with their new money market fund, BUIDL.

Here’s the simple breakdown:

BUIDL is basically a stablecoin.

It pays investors daily dividends in the form of new tokens each month. The Fund puts all of its money into cash, U.S. Treasury bills, and repurchase agreements, so investors can earn returns while keeping the token on the blockchain. Investors can transfer their tokens to other approved investors at any time. They also have different options for how to store their tokens.

“This is the latest progression of our digital assets strategy,” Robert Mitchnick, BlackRock’s Head of Digital Assets, told Business Wire. “We are focused on developing solutions in the digital assets space that help solve real problems for our clients.”

And presto.

A Bowtie on a Pig

BUIDL is a step towards making traditional assets more accessible and efficient using blockchain.

It’s a big deal. Don’t get me wrong.

But, let’s be honest — it's like putting a bow tie on a pig.

Sure, blockchains can make old things more accessible…

But they also make new things possible. (What I’m more excited about.)

Ways to create, coordinate, and distribute value in ways we’ve never seen. 

To name a few:

Fractional ownership of intellectual property rights (IP-NFTs)… Blockchain-based supply chain tracking and authentication… Decentralized social media platforms with token incentives… Tokenized loyalty and rewards programs for businesses…

That’s the short-list.

The Real Action

The stuff that'll make crypto truly revolutionary probably won't be the familiar old-school financial products, even if that's where we're starting.

Crypto’s a baby.

Institutional adoption represents one of the biggest transfers of wealth from one paradigm to another in history.

But tokenized treasuries aren’t the reason I’m excited about crypto.

The real innovation will come from the wild, untamed, crypto-native stuff.

World-changing stuff.

Life-changing stuff.

The kind of stuff that can kickstart generational wealth. Or, at the very least, offers a nice big boost in the portfolio.

That’s the kind of stuff we’re on the hunt for.

And this Friday, we’re recommending a NEW token that we think has the best of both worlds.

We just have to check a couple more things out before it’s ready to roll.

(This one has NOTHING to do with Ethereum -- and everything to do with BlackRock.)

This time, it’s for Early Stage Crypto Investor members only.

Iran, Oil, and AI

Posted March 09, 2026

By James Altucher

This might be the greatest wealth-creation event of our lifetime.

“Shock!”

Posted March 06, 2026

By Chris Campbell

It took this expert decades. It took Claude an hour. And you have access to the same tools.

Carbon: We Owe You an Apology

Posted March 05, 2026

By Chris Campbell

We spent a generation fearing carbon. We're about to spend the next one building with it.

What Survives a Collapse

Posted March 04, 2026

By Chris Campbell

This story has three endings. A sad one. A happy one. And one that could make you very rich.

Anthropic ✓. OpenAI ✗. Pentagon ?.

Posted March 03, 2026

By Chris Campbell

The best option? Use AI to tilt the game in your favor. Here’s one way we’re doing it.

Iran: The Pink Drone Effect

Posted March 02, 2026

By Chris Campbell

Governments fund resilience before something breaks, or after. Either way, these companies win.