BlackRock tokenized investment fund BUIDL's inflow of funds increased to $245 million
2024-03-27 22:15:43
According to data from RWA XYZ, the inflow of funds into BlackRock's tokenized investment fund BUIDL increased to $245 million, receiving strong demand in the first week of launch. Ondo Finance's $95 million inflow contributed to the growth of BUIDL. Its $245 million scale is second only to Franklin Templeton's Franklin Chain US Government Money Fund (FOBXX), which has $360 million in deposits. As cryptocurrency companies and global financial giants compete to incorporate bonds and other traditional tools into the blockchain track, US treasury bond are the gateway to asset tokenization in the real world.
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