BlackRock's tokenized fund BUIDL can now be swapped for stablecoins around the clock, weekends included.
On November 12, 2026, Securitize and Ethena Labs launched a 24/7 liquidity facility for BlackRock's USD Institutional Digital Liquidity Fund (BUIDL). Eligible investors can exchange BUIDL for supported stablecoins such as $USDC, or convert stablecoins back into BUIDL, outside traditional market hours. Securitize operates the facility and Ethena supports it.
It opens with $50 million in initial liquidity, split into $25 million USDC and $25 million BUIDL. As that pool is used, another $50 million can be made available within about an hour, for a maximum capacity of $100 million. The launch delivers the framework first announced in June and builds on the BUIDL-backed USDtb product, showing how tokenized funds are getting closer to always-on crypto liquidity.
#RWA #Tokenization #Stablecoins
DYOR. Not financial advice.
On November 12, 2026, Securitize and Ethena Labs launched a 24/7 liquidity facility for BlackRock's USD Institutional Digital Liquidity Fund (BUIDL). Eligible investors can exchange BUIDL for supported stablecoins such as $USDC, or convert stablecoins back into BUIDL, outside traditional market hours. Securitize operates the facility and Ethena supports it.
It opens with $50 million in initial liquidity, split into $25 million USDC and $25 million BUIDL. As that pool is used, another $50 million can be made available within about an hour, for a maximum capacity of $100 million. The launch delivers the framework first announced in June and builds on the BUIDL-backed USDtb product, showing how tokenized funds are getting closer to always-on crypto liquidity.
#RWA #Tokenization #Stablecoins
DYOR. Not financial advice.
