🔥 BlackRock's RWAs fund attracted $245 million in deposits after just 1 week of launch
💠 BlackRock has partnered with Securitize to establish an RWA investment fund called “USD Digital Liquidity Fund”. At the same time, the BUILD token was created on the Ethereum blockchain on March 5, and since then, its appeal has been highly appreciated.
➡️ BUILD represents the U.S. Treasury bills and repo agreements that BlackRock holds in this new fund. According to data from Etherscan, BUILD currently holds assets worth $245 million, pushing BlackRock to second place in the ranking of T-bill reserves.