BlackRock’s BUIDL Gets $100M Facility for 24/7 Stablecoin Swaps.
BlackRock’s BUIDL tokenized fund now has access to a $100 million liquidity facility launched by Securitize and Ethena Labs, allowing eligible institutional investors to exchange fund shares for stablecoins, including USDC, around the clock.
The facility starts with $50 million in initial liquidity, split between BUIDL and USDC. An additional $50 million reserve can be activated within an hour as the initial pool is used, bringing total capacity to $100 million. Securitize will manage operations as BUIDL’s regulated transfer agent.
The development builds on the existing relationship between the companies. Ethena’s USDtb stablecoin is already backed primarily by BUIDL, creating a direct connection between BlackRock’s tokenized fund and Ethena’s stablecoin infrastructure.
The new facility addresses a major limitation of traditional financial markets: institutional investors can now access stablecoin liquidity outside conventional trading hours, including weekends. However, the service is restricted to eligible institutions, and larger redemptions will still depend on BUIDL’s standard procedures.$LINK
#blackRock
BlackRock’s BUIDL tokenized fund now has access to a $100 million liquidity facility launched by Securitize and Ethena Labs, allowing eligible institutional investors to exchange fund shares for stablecoins, including USDC, around the clock.
The facility starts with $50 million in initial liquidity, split between BUIDL and USDC. An additional $50 million reserve can be activated within an hour as the initial pool is used, bringing total capacity to $100 million. Securitize will manage operations as BUIDL’s regulated transfer agent.
The development builds on the existing relationship between the companies. Ethena’s USDtb stablecoin is already backed primarily by BUIDL, creating a direct connection between BlackRock’s tokenized fund and Ethena’s stablecoin infrastructure.
The new facility addresses a major limitation of traditional financial markets: institutional investors can now access stablecoin liquidity outside conventional trading hours, including weekends. However, the service is restricted to eligible institutions, and larger redemptions will still depend on BUIDL’s standard procedures.$LINK
#blackRock
