Tag: BUIDL
Tokenized Fund BUIDL Hits $1B, Ethena Allocates $200M
Tokenized Fund BUIDL Surpasses $1 Billion Milestone, Ethena Invests $200 MillionIn a recent development, the BUIDL token, a pivotal component of various yield-generating offerings and a reserve asset, has achieved a significant milestone by...
BlackRock Explores Crypto Derivatives with BUIDL as Collateral
BlackRock is exploring the crypto derivatives market by considering the use of its BUIDL fund as collateral on various centralized exchanges, such as Binance, OKX, and Deribit. This move is part of a larger...
Tokenized RWA Investment: Ethena Chooses BlackRock’s BUIDL, Mountain, Superstate, and Sky’s USDS
Ethena, a decentralized finance (DeFi) protocol, recently made a significant investment decision regarding its $46 million backup fund. The protocol, known for issuing the $2.5 billion yield-generating USDe "synthetic dollar" token, announced that it...
Coinbase Launches Tokenized Money-Market Fund Following BlackRock’s BUIDL Success
Coinbase Asset Management is venturing into the world of tokenized money-market funds, as reported by four sources familiar with the initiative. This move comes amidst a growing trend in the crypto space towards tokenization...
