BlackRock just dropped their first tokenized fund on #Ethereum(ETH) , called BUIDL . 🚀

✓ Tokenizing real-world assets like bonds and funds is gaining traction fast, blending digital assets with traditional finance. 🔄

✓ #BlackRockCrypto is stepping up with BUIDL, a blockchain-based fund investing in cash, US Treasury bills, and repos. It aims to keep a stable value of $1 per token and dishes out daily dividends. To get in, investors can hit up Securitize Markets with a starting investment of $5 million. Oh, and BlackRock's putting some dough in Securitize, the tokenization platform for BUIDL. 💸

✓ Benefits of this tokenized fund for investors? Easy buying and selling thanks to #blockchain tech, instant and transparent transaction settlement, round-the-clock token transfers among approved investors, and flexible token custody options. 💡

✓ But before diving into BUIDL, a heads-up: it's for qualified investors only and ain't listed on any exchange. Plus, it's high-risk, with market volatility and potential total loss on the table.

📌 Do your homework and chat with financial advisors before diving in.