Tuesday, November 5, 2024

BlackRock Tokenizes Fund for Accredited Traders on Ethereum Blockchain

The BlackRock USD Institutional Digital Liquidity Fund has the token ticker BUIDL

BlackRock, the world’s largest asset supervisor, tokenized a recently-launched fund on the Ethereum blockchain.

The BlackRock USD Institutional Digital Liquidity Fund, which has the token ticker BUIDL, was launched 15 days in the past on Ethereum, in response to Etherscan knowledge, however was included final 12 months, a submitting to the U.S. Securities and Change Fee exhibits.

Securitize Markets, an organization specializing in tokenized securities, is probably going the dealer of the fund.

Requests for remark from BlackRock and Securitize weren’t answered by publication time.