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BlackRock’s Tokenized Treasury Fund Hits $375M, Turns into Largest Toppling Franklin Templeton’s Providing



The BlackRock USD Institutional Digital Liquidity Fund, represented by the BUIDL token on the Ethereum (ETH) community and backed by U.S. Treasury payments, repo agreements and money, now boasts $375 million of deposits after having fun with $70 million of inflows final week, blockchain information by rwa.xyz exhibits. The fund, created with tokenization providers platform Securitize, has captured virtually 30% market share since its debut on March 21.

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