Tokenized real-world assets such as U.S. Treasuries are being increasingly used as collateral on crypto trading venues.

Each BUIDL token is fully backed by real-world assets like U.S. Treasury bills, cash, and repurchase agreements—low-risk instruments commonly used in money market funds.

BlackRock USD Institutional Digital Fund, BUIDL, is BlackRock’s first tokenized money market fund. It enables these traditional financial products to be traded as cryptographic tokens on ...

BlackRock's BUIDL token, issued with Securitize and backed by U.S. Treasuries, has surpassed $1 billion in assets, boosted by a $200 million allocation from crypto protocol Ethena.

The USDtb token aims to keep a steady $1 price and holds 90% of its reserves in BUIDL, the tokenized money market fund issued by asset management behemoth BlackRock and tokenization firm Securitize.

BlackRock Inc. is pushing to have its money-market digital coin more widely used as collateral for crypto derivatives trades, as Wall Street firms push deeper into digital asset markets.

According to data from Security Token Market, BUIDL’s market capitalization stood at $547.7 million as of Oct. 18, making it one of the biggest use cases for assets tokenization on blockchain.

Global asset manager BlackRock's BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the ...

Global asset manager BlackRock's BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the ...