BlackRock's Tokenized Fund BUIDL Surpasses $1 Billion

Source
JH Kim

Summary

  • BlackRock's tokenized fund BUIDL's assets have surpassed $1 billion.
  • Virtual asset protocol Ethena allocated $200 million to BUIDL, expanding the fund's size.
  • The achievement of BlackRock's tokenized fund size is interpreted as a positive signal for virtual asset investments.

According to cryptocurrency media Coindesk on the 13th (local time), the asset size of BlackRock's tokenized fund BUIDL has exceeded $1 billion.

The report explains that the fund's assets surpassed $1 billion after virtual asset protocol Ethena allocated $200 million to BUIDL.

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JH Kim

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