BlackRock's BUIDL Achieves Monumental Growth in Tokenized Treasury Market

Tuesday, 30 April 2024, 14:45

BlackRock's innovative tokenized offering, in collaboration with Securitize, has rapidly gained dominance in the tokenized Treasury sector, amassing over $375 million within a short span of six weeks. This meteoric rise has propelled BUIDL to the forefront, outperforming Franklin Templeton's fund and securing nearly 30% market share. The success of BlackRock's venture highlights the escalating demand for digital asset investment products in the financial landscape.
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BlackRock's BUIDL Achieves Monumental Growth in Tokenized Treasury Market

BlackRock's BUIDL Tokenized Treasury Fund

BlackRock, in partnership with Securitize, has launched a highly successful tokenized offering that has swiftly garnered over $375 million in just six weeks, surpassing competitors in the market. This achievement underscores the growing interest in digital asset investments.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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