Tokenized securities have been hailed because the next-big-thing in crypto since 2018, however the market noticed comparatively little adoption for years. The worth proposition of tokenized securities was apparent, and most platforms had KYC-AML capabilities, however that wasn’t sufficient to be taken critically by establishments. Throughout that point, corporations like Securitize added institutional-ready capabilities similar to broker-dealers, switch brokers, and onboarding establishments, all of which led to BlackRock gaining conviction for the area. BUIDL constructed on the institutional blocks laid by Securitize, like its switch agent and broker-dealer capabilities.
