BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

Source: Cryptoslate BUIDL’s growth on popular blockchains promises new ventures for DAOs and digital firms, despite varied fees. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock’s strategy to strengthen… Continue reading BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

21co analyst sees tokenized US treasuries hitting $3 billion by year-end

Source: CryptoSlate According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. 21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs).… Continue reading 21co analyst sees tokenized US treasuries hitting $3 billion by year-end