Analysis of Blackrock's tokenized fund BUIDL, opening up a brave new world of DeFi for RWA assets
Since Blackrock successfully promoted the launch of BTC Spot ETF this year and introduced crypto assets into traditional finance, two months later on March 21, 2024, Blackrock teamed up with Securitize to launch the first tokenized fund BUIDL "BlackRock USD Institutional Digital Liquidity Fund" on the public blockchain - Ethereum, introducing traditional finance into the crypto market.
The launch of the BUIDL Fund marks an important milestone in the tokenization of RWA assets. Through the BUIDL Fund, Blackrock, the world's largest asset management company, allows people to witness the future of blockchain technology transforming the financial system and achieve seamless connection between crypto assets and real-world assets.