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BlackRock's BUIDL Ethereum Fund Draws $245 Million In a Week

From decrypt.co

The Ethereum-based BUIDL fund from investing giant BlackRock has raised $245 million in Ethereum tokens since its launch last week. According to data from Etherscan, ten transactions have entered the BlackRock USD Institutional Digital Liquidity Fund, beginning with $5 million on March 20 when the BUIDL fund launched. Over the next seven days, an additional $239.8 million flowed into the ERC-20-based fund, including $92 million in Ondo Short-Term US Government Treasuries from the tokenized real-world asset platform Ordo Finance. “We’re excited to see BlackRock embracing securities tokenization with the launch of ... (full story)

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