Just in: BlackRock's on-chain tokenized fund hit an all-time high.
In the past 18 months, BlackRock has initiated to build BUIDL, BlackRock USD Institutional Digital Liquidity Fundy which partner with ONDO finance and securities that offers a tokenized token that links to traditional debt instruments such as US Treasuries. To date, it became the largest on-chain fund by assets under management (AUM) with an inflow of $520 million.
#BlackRock #TokenizedFund #CryptoRevolution #DeFi #FinancialInnovation
