BlackRock's BUIDL tops $2 billion as firm pushes tokenized fund beyond crypto
- —BUIDL launched in 2024 and has passed $2 billion in assets under management
- —Redemptions are daily with a $250,000 minimum, per RWA.xyz
- —BlackRock won approval for a tokenized money market fund in Hong Kong dollars
- —The IMF cites platform fragmentation and legal uncertainty as key barriers
Why it matters: The world's largest asset manager extending tokenization into collateral and payments could accelerate institutional capital flows into RWA.
Source: DiarioBitcoin