
BlackRock, in partnership with Securitize, has launched a revolutionary digital assets fund, marking a significant boost in the tokenization of financial assets and the expansion of regulated markets. This initiative includes the tokenization of US bond funds, which have gained popularity as they can now be accepted as collateral on crypto exchanges. BlackRock's BUIDL money market fund, managed on the Ethereum blockchain, allows investors to invest in overnight repos and Treasury Bills to earn yield. The BUIDL fund's LP shares are considered securities, integrating stablecoins and Treasury Bills on Ethereum. This move by BlackRock, the world's largest asset managing firm, follows its successful launch of a Bitcoin ETF, further solidifying crypto's presence in mainstream finance.
If @BlackRock is successful with its BUIDL fund, what then? https://t.co/UwTo4t1HK9
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What do Anemoy's Liquid Treasury Fund and @Blackrock's BUIDL Fund have in common? We both use the same legal set up to bring tokenized Treasury bills onchain: A fund registered with the British Virgin Islands FSC.
