🚀 BlackRock’s BUIDL Fund Becomes First $500M Tokenized Fund! 🚀 BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has achieved a significant milestone by surpassing a $500 million market cap, as reported by Dune Analytics. This makes BUIDL the first tokenized treasury fund to reach this mark, highlighting its rapid growth and market dominance. 🌟💰 🔑 Key Points: - BUIDL hits $500M in market cap 🏆 - First tokenized treasury fund to achieve this milestone 📈 - Ethereum leads the tokenized treasury market with over 75% share 🥇 - Franklin Templeton’s BENJI token follows with $402M in deposits 💼 This milestone signifies a turning point in the tokenized government securities market and showcases the potential for innovation in financial asset management. What do you think about the future of tokenized assets? Share your insights! https://lnkd.in/dPzJtiiw #CryptoNews #BlackRock #BUIDL #TokenizedFund #Ethereum #Blockchain #CryptoMarket
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Last week, Securitize, a digital asset tokenization firm, raised a $47 million funding round, led by BlackRock. Securitize and BlackRock worked together to launch and operate the most popular spot Bitcoin ETF in the US -- BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). This collaboration showcases a powerful synergy between #fintechs and incumbent financial institutions in 3 ways: 1️⃣ Embracing Innovation: By leading the funding round for Securitize, BlackRock demonstrates that large, established institutions can successfully adapt and position themselves strategically by embracing innovative technologies like #blockchain and #cryptocurrency in partnership/ownership with tech firms. 2️⃣ Mutual Benefits: The partnership allows Securitize to bolster its product development and global expansion but also enables BlackRock to strengthen its foothold in the burgeoning digital asset sector, a win-win situation for both parties. 3️⃣ Future Potential: The strategic investment signifies that digital asset tokenization isn't a niche phenomenon, but a force that has the potential to impact the global financial infrastructure.
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BlackRock Backs Radical New Stablecoin as U.S. Dollar Competitor 💥 Ethena Labs just dropped UStb, a game-changing stablecoin backed by BlackRock’s $522M USD Institutional Digital Liquidity Fund (BUIDL). This collaboration marks a significant step in the $16 trillion tokenized finance by 2030. 🚀 Unlike Ethena’s derivative-based USDe, UStb is fully asset-backed, providing a secure and stable alternative 𝗮𝗺𝗶𝗱 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗳𝗲𝗮𝗿𝘀 𝗼𝗳 𝗮 𝗨𝗦𝗗 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲. BlackRock’s involvement adds legitimacy, with BUIDL’s short-term U.S. Treasuries offering unmatched stability. #Stablecoin #BlackRock #EthenaLabs #Crypto #Tokenization #Blockchain
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This is the start of a virtuous circle by addressing a key issue blocking the adoption of asset tokenization, the lack of tokenized capital. Why tokenize assets if all the capital is fiat? Not so much any more. The next issue will be the marketplaces as any one marketplace doesn't have enough capital. The innability to current token technology to exist in more than one place at a time only exacerbates the problem. The good news is Accumulate has the solution, providing the technology to allow tokens to exist in many places at one time. (Say goodbye to bridges). #RWA #tokenization
Father of 2 👯♀️ | Truth Seeker | Founder of Fisheez: Decentralized Marketplace for Goods & Services💪🏻 Community-Driven🌍 Blockchain-Powered🔗
BlackRock Backs Radical New Stablecoin as U.S. Dollar Competitor 💥 Ethena Labs just dropped UStb, a game-changing stablecoin backed by BlackRock’s $522M USD Institutional Digital Liquidity Fund (BUIDL). This collaboration marks a significant step in the $16 trillion tokenized finance by 2030. 🚀 Unlike Ethena’s derivative-based USDe, UStb is fully asset-backed, providing a secure and stable alternative 𝗮𝗺𝗶𝗱 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗳𝗲𝗮𝗿𝘀 𝗼𝗳 𝗮 𝗨𝗦𝗗 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲. BlackRock’s involvement adds legitimacy, with BUIDL’s short-term U.S. Treasuries offering unmatched stability. #Stablecoin #BlackRock #EthenaLabs #Crypto #Tokenization #Blockchain
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THE FUTURE IS TOKENIZED! 🚀 BlackRock CIO of ETFs Samara Cohen discusses private assets and tokenization. 🟦 Traditional ETFs can't fully incorporate private assets. 🟦 Tokenization offers a way to make assets like farmland and artwork accessible to average investors. 🟦 A three-step process is needed: creating indexes, converting them into investable portfolios, and delivering them to investors. 🟦 Tokenization addresses challenges like data accessibility, valuation clarity, and secondary market liquidity. 🧠 Learn how tokenization could transform investment opportunities. #Tokenization #Investment #ETFs #PrivateAssets #Blockchain #FinTech #RealEstate #ArtInvestment #FutureOfFinance #DigitalAssets
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Scott Gerke brings insightful analysis to the intersection of stablecoins and institutional investment. With major players like BlackRock getting involved, it’s clear the financial landscape is evolving rapidly. The future of decentralized finance continues to unfold with fascinating implications for both traditional markets and emerging fintech. #Stablecoins #Fintech #DeFi #BlackRock #Crypto
Father of 2 👯♀️ | Truth Seeker | Founder of Fisheez: Decentralized Marketplace for Goods & Services💪🏻 Community-Driven🌍 Blockchain-Powered🔗
BlackRock Backs Radical New Stablecoin as U.S. Dollar Competitor 💥 Ethena Labs just dropped UStb, a game-changing stablecoin backed by BlackRock’s $522M USD Institutional Digital Liquidity Fund (BUIDL). This collaboration marks a significant step in the $16 trillion tokenized finance by 2030. 🚀 Unlike Ethena’s derivative-based USDe, UStb is fully asset-backed, providing a secure and stable alternative 𝗮𝗺𝗶𝗱 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗳𝗲𝗮𝗿𝘀 𝗼𝗳 𝗮 𝗨𝗦𝗗 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲. BlackRock’s involvement adds legitimacy, with BUIDL’s short-term U.S. Treasuries offering unmatched stability. #Stablecoin #BlackRock #EthenaLabs #Crypto #Tokenization #Blockchain
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BlackRock Backs Radical New Stablecoin as U.S. Dollar Competitor 💥 Ethena Labs just dropped UStb, a game-changing stablecoin backed by BlackRock’s $522M USD Institutional Digital Liquidity Fund (BUIDL). This collaboration marks a significant step in the $16 trillion tokenized finance by 2030. 🚀 Unlike Ethena’s derivative-based USDe, UStb is fully asset-backed, providing a secure and stable alternative 𝗮𝗺𝗶𝗱 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗳𝗲𝗮𝗿𝘀 𝗼𝗳 𝗮 𝗨𝗦𝗗 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲. BlackRock’s involvement adds legitimacy, with BUIDL’s short-term U.S. Treasuries offering unmatched stability. #Stablecoin #BlackRock #EthenaLabs #Crypto #Tokenization #Blockchain
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Tokenizing treasuries was step 1 ✅ Step 2, 3 and 4 have just happened ⬇ Bringing treasuries on-chain is great. The possibilities it opens up are even better - and its happening quickly: 2️⃣ Ondo Finance replaced the underlying ETF of it's T-Bill token with a tokenized fund (BlackRock), thereby moving from T+1 to instant settlement. 3️⃣ FalconX started accepting BlackRock's BUIDL as collateral for crypto trading thereby increasing the utility of the token immensely. 4️⃣ Franklin Templeton now allows institutional peer-to-peer transactions with it's BENJI token for cheaper, faster and more transparent capital flows. …all that sounds a lot like a great use case for repo trading, right? There's even already a platform to do that: Broadridge's blockchain based DLR. The ecosystem is being built. Fast, in real-time and on-chain. …and if you're looking for an investment management system built for on-chain Digital Assets, reach out to Patrik / Paul and check out Alloy. #digitalassets #crypto #portfoliomanagement #PMS #OEMS #cryptotrading #technology #treasuries #buidl #repotrading
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UBS Launching Tokenised Investment Fund On Ethereum 🚨 An asset management firm with an AUM of over $3.1 trillion USD launching on Ethereum, this is awesome news for the blockchain industry. Imagine telling someone a few years back when TradFi wanted nothing to do (publicly) with Web3.0 that this would happen; you would be told you are delusional. Yet now it is happening. Lots of TradFi asset management firms have flirted with the idea of launching tokenised funds or are 'pursuing it', although this sets a precedent. Fantastic news. #crypto #web3 #banking #tokenization
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#CryptoNews: Alex Svanevik, CEO of Nansen, forecasts a transformative 2025 for crypto with predictions including record-breaking memecoins, a DeFi renaissance, a successful spot Solana ETF, and substantial growth in tokenized real-world assets. He anticipates clearer regulations and advancements in technology, propelling widespread adoption and innovation across the industry. #CryptoNews #CryptospaceToday #Crypto
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