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BlackRock BUIDL Fund Reaches $552M On Securitize

Bitcoinist
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BlackRock BUIDL Fund Reaches $552M On Securitize

TL;DR BlackRock’s BUIDL tokenized fund reached roughly $552.4 million in assets in the supplied September 22 dashboard data. The product is distributed through Securitize and remains targeted at qualified institutional investors. BUIDL’s AUM should not be confused with retail-accessible stablecoin supply. BlackRock’s tokenized BUIDL fund has moved above $550 million in assets under management, keeping […]

Key Takeaways

  1. TL;DR BlackRock’s BUIDL tokenized fund reached roughly $552.4 million in assets in the supplied September 22 dashboard data.
  2. The product is distributed through Securitize and remains targeted at qualified institutional investors.
  3. BUIDL’s AUM should not be confused with retail-accessible stablecoin supply.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.