🌐 The tokenization revolution continues to gain momentum!
BlackRock's is taking its USD Institutional Digital Liquidity Fund (BUIDL) beyond Ethereum, deploying it on Aptos, Arbitrum, Avalanche, Optimism's OP Mainet, and Polygon blockhains. This move broadens blockchain support and represents a big step towards efficiency, accessibility, and multi-chain collaboration in tokenized real-world assets.
Here's why this matters:
🔹 Largest in the space: BUIDL has amassed over $520 million in deposits, solidifying its position as the leading product in the $2.3 billion tokenized U.S. Treasury market.
🔹 Lower costs, greater reach: Management fees are just 20 basis points on Aptos, Avalanche, and Polygon, compared to 50 basis points on Ethereum, Arbitrum, and Optimism.
🔹 Innovative parternships: This expansion is fueled by collaborations with ecosystem leaders like Securitize, Aptos Foundation, and Polygon Labs, each contributing to an evolving ecosystem.
The tokenization of real-world assets (RWA) is rapidly gaining traction, offering faster settlements, operational efficiencies, and new opportunities for institutional investors. At RealEstate.Exchange, we are proud to align with this vision by offering a secure, compliant platform that redefines real estate investment, enabling seamless trading of tokenized assets with transparency and efficiency.
As the ecosystem evolves, it's inspiring to witness such significant players like BlackRock embracing blockchain's potential. The future of finance is tokenized—and it’s happening now!
What are your thoughts on tokenization's growing role in global markets? Let’s discuss below! 👇
#Blockchain #Tokenization #RealWorldAssets #Innovation #DigitalAssets
Source: https://shorturl.at/oYmQb
Chairman GTBInsights LLC, Strategic Counsel for Obligate & Advisor to CASTL
7moCongratulations to XBTO. It's cooperation with the market leading debt capital market platform from Obligate is leading the way to the new digital ecosystem.