BlackRock’s BUIDL Fund Shortly Rakes in $245M, Proper Behind Franklin Templeton’s FOBXX

by Jeremy

BlackRock’s BUIDL token on the Ethereum blockchain, created with asset tokenization platform Securitize, represents funding in a fund that holds U.S. Treasury payments and repo agreements. Its value is pegged to $1, and holders obtain a yield from the underlying property paid within the token. The providing is focused to giant institutional traders.

Supply hyperlink

You have not selected any currency to display