Here's why👇
👀 The Vision #BlackRock
CEO Larry Fink previously acknowledged the benefits of tokenization, stating that tokenized assets are the next generation for markets
BlackRock CEO Larry Fink:
‘…the next step is the tokenisation of financial assets, and that means every stock, every bond…’
💰 The Play
Last week, his firm shocked the community by unveiling its first tokenized fund, BUIDL, on a public blockchain!
Securitize is proud to announce we have partnered with
@BlackRock
. Together, we’re launching BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
BUIDL will provide investors with the opportunity to earn U.S. dollar yields by subscribing to the fund with Securitize Markets, LLC.
The initial ecosystem participants in BUIDL include
@Anchorage , @ BitGo, @ coinbase, and @ FireblocksHQ, among other market participants and infrastructure providers in the crypto industry.
🌏 Big Picture
$BUIDL is not just another tokenized treasury fund; it's a landmark initiative that could one day mark a turning point in the onchain revolution
It is impossible to underscore the implications of this development
🐂 Bullish
Tokenization promises to have an even bigger impact on the crypto industry than the spot BTC ETFs!
Hundreds of trillions of dollars in existing capital are just waiting to be guided onchain by institutions, and when BlockRock moves, markets pay attention
☀️ The Future
The arrival of BUIDL is a clear signal that a new era for financial markets is on the horizon, one that fully embraces tokenization and ignites a fresh wave of cryptocurrency adoption!