News with the tag "Blackrock BUIDL"

Frax Finance has announced the launch of its new stablecoin, frxUSD, which will be backed by BlackRock’s BUIDL tokenized fund. This development marks a collaboration between traditional financial institutions and decentralized blockchain ecosystems, offering users a stable and yield-bearing digital ...

Ethena’s USDtb has already amassed more than $65 million in total value locked on the opening day.

BlackRock BUIDL funds have been expanded to Arbitrum, Aptos, Avalanche, Optimism, and Polygon. Read original article on coincu.com

Legal & General (L&G), the $1.5 trillion London-based pension and investment management firm is the latest financial giant to join the crypto tokenization space joining the likes of other big players such as Blackrock, and Franklin Templeton. L&G Eyes Major Inroads Into Crypto Tokenization More and ...

Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethe...

As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, ...

The BlackRock BUIDL Fund wallet received a staggering $11 million worth of USDC from a Circle hot wallet, setting off discussions across the market. BlackRock’s BUIDL (BlackRock USD Institutional Digital

BlackRock’s BUIDL (BlackRock USD Institutional Digital Liquidity) Fund has once again captured noteworthy attention with its massive stablecoin accumulation today. On-chain insights indicated that the tokenized fund of one of the leading asset managers bagged a whopping $11 million worth of USDC fro...

Circle, the issuer of the prominent stablecoin USDC, announced a significant development in its collaboration with financial giant BlackRock. On April 11, Circle unveiled a novel smart contract functionality. This technology facilitates the transfer of shares from BlackRock’s USD Institutional Digit...

With BlackRock launching its first tokenized fund on the Ethereum blockchain, the crypto market has seen a significant surge in Real-World Asset (RWA) tokens. Polymesh (POLYX), Centrifuge (CFG), Propchain (PROPC), Ondo (ONDO), and Propbase (PROPS) are among them, and all have gained remarkable figur...