BlackRock ‘BUIDL’ tokenized fund triples in 3 weeks as Bitcoin stalls

Update March 26, 2:36 pm UTC: This article has been updated to include quotes from Brickken CEO Edwin Mata. BlackRock’s Ethereum-native tokenized money market fund has more than tripled in value over the past three weeks, nearing the $2 billion mark amid rising demand for safe-haven digital assets. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) saw an over three-fold increase over the past three weeks, from $615 million to $1. 87 billion, according to Token Terminal data shared by Leon Waidmann, head of research at Onchain Foundation, a Web3 intelligence platform source: https://cointelegraph.com/news/blackrock-buidl-3x-1-8-b-3-weeks-bitcoin-lacks-momentum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound