BlackRock's Tokenized Fund Attracts $240M Since Launch

BlackRock's Tokenized Fund Success: Ethereum blockchain-based money-market fund attracts $240M since launch.

Fund Investment Portfolio: Invests in cash, US Treasury bills, and repurchase agreements.

BUIDL Cryptocurrency for Holders: Investors receive BUIDL tokens valued at $1 per token.

Transferability via Digital Wallets: Securitize-approved wallets can transfer BUIDL tokens to validated addresses.

 Partnership with Securitize: Securitize collaborates with BlackRock for the investment vehicle's infrastructure.