A Look into the BlackRock’s BUIDL Funds

BlackRock’s BUIDL, the USD Institutional Digital Liquidity Fund, is a tokenized fund launched in March 2024 on the Ethereum blockchain, backed by U.S. Treasury bills, cash, and repurchase agreements, and has surpassed $1 billion in assets under management. It’s a well-documented initiative in the tokenized finance space. Claims about Fidelity launching a “digital dollar” have [...]The post A Look into the BlackRock’s BUIDL Funds appeared first on Tekedia.

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