BlackRock Launches $1B Tokenized Asset Fund on Ethereum**

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has surpassed **$1B in assets**, leveraging Ethereum for tokenized treasury bonds.

- **Partnerships**: Securitize and BNY Mellon handle issuance and custody.

- **Trend**: Tokenized RWAs (real-world assets) now represent a $8B sector, per RWA.xyz.