Blackrock’s BUIDL Fund and Tokenized Treasuries Surge
- Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL) increased by $463 million in eight days.
- Tokenized U.S. Treasury funds grew by $720 million since early March.
- Tokenized Treasury Funds saw a 566% increase over the past 12 months.
The recent growth of Blackrock’s BUIDL fund, which expanded by $463 million in just eight days, highlights the significant rise in tokenized U.S. Treasury funds, which have increased by $720 million since March. This represents a substantial 566% growth over the past year.
Source (2.6)https://news.bitcoin.com/tokenized-treasuries-hit-4-77b-as-blackrocks-buidl-gains-463m-in-8-days/?rand=52384
