๐ก BlackRock, the worldโs largest asset manager with over $10 trillion in assets, has launched its first tokenized fund, $BUIDL, on Ethereum!
Founded in 1988 and led by Larry Fink, BlackRock is a powerhouse in global finance, managing assets like U.S. Treasury bills and exchange-traded funds (ETFs).
Now, $BUIDL offers institutional investors a secure way to earn US dollar yields through tokenization, combining traditional finance with blockchain efficiency
๐ Check out these quick facts:
โ
What is BUIDL?
Itโs BlackRockโs USD Institutional Digital Liquidity Fund, tokenized on Ethereum
โ
How does BUIDL work?
Investors buy tokens that represent shares in a fund investing in U.S. Treasury bills
๐ โ
Who can invest?
Qualified institutional investors with a minimum of $5M
โ
Why invest?
Secure platform, enhanced liquidity, immediate settlement, and monthly dividends โ all with traditional financial backing
๐ฐ โ
Regulations?
Fully compliant with SEC rules for investor protection and operates in a regulated ecosystem
๐ก ๐ Learn more about BlackRock:
https://blackrock.com/corporate ๐ Want to learn more about $BUIDL?
โก๏ธ Zerocap:
https://zerocap.com/insights/snippets/what-is-buidl-blackrock/ โก๏ธ Securitize:
https://securitize.io/learn/press/blackrock-launches-first-tokenized-fund-buidl-on-the-ethereum-network #BlackRock #BUIDL