News list for " buyl"
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 bring bonds and other traditional t...
The US dollar Institutional Digital Liquidity Fund (BUIDL) is BlackRock's first tokenized investment fund, which achieved nearly $160 million in capital inflows in its first week of establishment. Ondo Finance, a token based real world asset (RWA) platform, reported that it would allocate "a large part" of its token based short-term US treasury bond bond ETF OUSG assets to BUIDL. Ondo said that it would transfer $95 million to BUIDL. It is unclear whether the $95 million has been included in the...
